This form is a Seller's Disclosure Statement. This disclosure statement concerns the condition of property described in the document. The seller acknowledges that the information contained in the form is true and accurate.
North Dakota Seller's Real Estate Disclosure Statement
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FAQ
A Seller's Disclosure is a legal document that requires sellers to provide previously undisclosed details about the property's condition that prospective buyers may find unfavorable. This document is also known as a property disclosure, and it's important for both those buying a house and for those selling a house.
The document provided by the seller that described the condition of the property is known as the Transfer Disclosure Statement. As a buyer, you should receive this document during the contract contingency period.
Remember that sellers and real estate agents must make the disclosures necessary to avoid fraud, misrepresentation or deceit. This section deals with the major disclosures required by the California Civil Code (commencing at Section 1102).
Property Code Section 5.008(7)(d) states that the disclosure notice shall be completed to the best of seller's belief and knowledge as of the date the notice is completed and signed by the seller.
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.
A disclosure statement is a financial document given to a participant in a transaction explaining key information in plain language. Disclosure statements for retirement plans must clearly spell out who contributes to the plan, contribution limits, penalties, and tax status.
Just go to the North Dakota page, find your city, and create a "real estate by owner" listing. FSBO websites: There are multiple FSBO listing websites that allow you to post your home for free or a few hundred dollars.
Seller's Disclosure Notice (Form ID: OP-H) 09/01/2019. Description: This disclosure form is required by sellers of previously occupied single family residences and is to be used in conjunction with a contract for the sale of real property entered into on or after September 1, 2019.
Texas is one of a handful of states that are considered non-disclosure states. This means there is no law that allows the state government, including appraisal districts, to force you to provide it with sales price information.