Mississippi Owner's Asbestos Disclosure Statement - Owner Acting as Asbestos Abatement Contractor

State:
Multi-State
Control #:
US-02139BG
Format:
Word; 
Rich Text
Instant download

Description

In this form, the owner of property containing asbestos has applied for a license to remove it himself. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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How to fill out Owner's Asbestos Disclosure Statement - Owner Acting As Asbestos Abatement Contractor?

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FAQ

The federal government and individual states set disclosure requirements. The major disclosures required involve lead paint, asbestos, wetlands, and floodplain disclosures.

Key Takeaways. Disclosure is the process of making facts or information known to the public. Proper disclosure by corporations is the act of making its customers, investors, and analysts aware of pertinent information.

Do you have to report a death in your home while selling real estate in Mississippi? Mississippi law does not require disclosure of death on a property. The state specifically list natural death, suicide, homicide, or felony crime as examples of excluded facts from disclosure.

But, there are 12 states that are still considered non-disclosure: Alaska, Idaho, Kansas, Louisiana, Mississippi, Missouri (some counties), Montana, New Mexico, North Dakota, Texas, Utah and Wyoming. In a non-disclosure state, transaction sale prices are not available to the public.

North Carolina requires brokers to disclose noises, odors, smoke, or other nuisances from commercial, industrial, or military sources that affect the property. Someone dying in a home does not need to be disclosed during a sale: including suicides, accidents, or violent crimes (yes, even if it was murder).

What does it mean? Sellers can opt to put no representation on an area of the home in their statement to avoid disclosing the conditions or characteristics of an area of the property, even if they know of issues. It's sneaky, but it can protect the seller from potential litigation from the buyer down the road.

What does it mean? Sellers can opt to put no representation on an area of the home in their statement to avoid disclosing the conditions or characteristics of an area of the property, even if they know of issues. It's sneaky, but it can protect the seller from potential litigation from the buyer down the road.

The PCDS is a disclosure document a seller is required by law to complete and provide the buyer in addition to the purchase agreement. The PCDS forms part of the purchase agreement and the buyer is permitted to rely on the seller's disclosure as set out in it.

The Residential Property and Owners' Association Disclosure Statement is not required if the property has more than four units, or if the transaction is a lease with the option to buy and the tenant plans to occupy the property. It is also not required for new-construction homes that have never been occupied.

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Mississippi Owner's Asbestos Disclosure Statement - Owner Acting as Asbestos Abatement Contractor