Oklahoma Notice of Hearing on Disclosure Statement Form 12 - Pre and Post 2005 Act

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US-BKR-F12
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This form is an order and notice for a hearing on a disclosure statement. The form must be completed and signed by the presiding bankruptcy judge. This form is data enabled to comply with CM/ECF electronic filing standards. This form is for post 2005 act cases.

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How to fill out Notice Of Hearing On Disclosure Statement Form 12 - Pre And Post 2005 Act?

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FAQ

A Residential Real Property Disclosure Act must disclose to the buyer any: - Material defects, which are known hazards or problems with the structure or the heating, plumbing, mechanical, or electrical systems.

(b) The seller shall disclose material defects of which the seller has actual knowledge.

The seller is obligated to complete a disclosure statement in which any possible material defects should be noted. The licensee is responsible for advising the seller of this duty and for providing an appropriate form for the seller's use.

Structural systems, including the roof, walls, floors, foundation and any basement. plumbing, electrical, heating and air conditioning systems. the presence of any infestation or damage of wood-destroying organisms (in particular, termites) major fire or tornado damage.

A Seller must complete, sign and date this disclosure form and deliver it or cause it to be delivered to a purchaser as soon as practicable, but in any event no later than before an offer is accepted by the Seller.

Stat. § 833, also known as the Residential Property Condition Disclosure Act. It says that Oklahoma property sellers must deliver to the purchaser either a "disclaimer statement" (indicating that you won't be making disclosures) or a "property condition disclosure statement," which lists defects.

California law requires only that sellers disclose known defects, with no obligation to search them out or get expert eyes on the house, such as by getting a home inspection.

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Oklahoma Notice of Hearing on Disclosure Statement Form 12 - Pre and Post 2005 Act