For your convenience, the complete English version of this form is attached below the Spanish version. This form is a Sellers Disclosure and Disclaimer Statement for use in a residential sales transaction. This statement concerns the condition of property and is completed by the Seller. Though this form is valid in many states, your state may require a specific disclosure form. It is your duty to confirm you are meeting your legal obligations.
Maryland Declaracion de Descargo de Responsabilidad y Descripcion de una Propiedad Residencial. Residential Property Disclosure and Disclaimer Statement
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Multi-State
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US-37014-SPAN
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Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. Se trata de una declaración y denegación de responsabilidades por parte del vendedor, para ser utilizada en una transacción de compraventa de inmuebles para la vivienda. Esta declaración se refiere a la condición de la propiedad y es el Vendedor quien debe completarla. Aunque este formulario es válido en muchos estados, el suyo quizá pueda exigir un formulario específico. Queda bajo su responsabilidad corroborar que cumple con sus obligaciones legales.
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How to fill out Declaracion De Descargo De Responsabilidad Y Descripcion De Una Propiedad Residencial. Residential Property Disclosure And Disclaimer Statement?
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FAQ
Maryland law requires sellers to disclose certain known defects to buyers. If these defects aren't disclosed, buyers can file a claim to receive compensation for the costs they face from undisclosed defects.
Statute on Seller Disclosure Maryland The sellers must fill out either the Residential Property Disclosure Statement or the Residential Property Disclaimer Statement. The seller selling the house ?as-is? must fill out the Disclaimer Statement wherein the seller makes no warranties on the property's condition.
The relevant portion of the real property section of Maryland's Code, Md. Code § 10-702, requires sellers of residential real estate to complete a form?known as the Residential Property Disclosure and Disclaimer Statement?setting forth conditions and defects with the property.
(1) A vendor of single family residential real property shall complete and deliver to each purchaser: (i) A written residential property condition disclosure statement on a form provided by the State Real Estate Commission; or.
Code § 10-702, requires sellers of residential real estate to complete a form?known as the Residential Property Disclosure and Disclaimer Statement?setting forth conditions and defects with the property.
Statute on Seller Disclosure Maryland The sellers must fill out either the Residential Property Disclosure Statement or the Residential Property Disclaimer Statement. The seller selling the house ?as-is? must fill out the Disclaimer Statement wherein the seller makes no warranties on the property's condition.
Maryland law does require sellers to disclose known defects, and, after a sale, homeowners who discover undisclosed defects may try to hold the seller accountable through legal means. Before buying or selling a home, it's important for both seller and buyer to understand their rights.
Section 10-702 of the Real Property Article, Annotated Code of Maryland, requires the seller of certain residential real property to furnish to the purchaser either (a) a RESIDENTIAL PROPERTY DISCLAIMER STATEMENT stating that the seller is selling the property "as is" and makes no representations or warranties as to ...
