Nebraska Retail Charge Account Agreement Initial Disclosure Statement
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How to fill out Retail Charge Account Agreement Initial Disclosure Statement?
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FAQ
Do you have to report a death in your home while selling real estate in Nebraska? There is no written law whatsoever concerning disclosure of death in Nebraska. While there no law, non-disclosure could potentially leave a seller liable should issues arise.
Initial disclosures are the preliminary disclosures that must be acknowledged and signed in order to move forward with your loan application. These disclosures outline the initial terms of the mortgage application and also include federal and state required mortgage disclosures.
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.
If you are buying or selling a home in a state other than Nebraska, you are encouraged to consult with an attorney licensed in the state in which the real estate is located. Nebraska has required that the seller of residential real property provide a written disclosure of the condition of the property since 1994. Neb.
Stat. § 76-2,120-12 states that if a sale occurs without a proper disclosure, the buyer can sue the seller and recover actual damages, court costs, and reasonable attorney's fees.
It is legal to sell a house with asbestos. However, no matter where you live in the US, you must disclose that your house has asbestos before selling it and it will take the buyer some significant cost and work to remedy it.