Virginia Due Diligence Review Form

State:
Multi-State
Control #:
US-OG-444
Format:
Word; 
Rich Text
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The Due Diligence Review Form, this form is provides a review for due diligence in oil, gas or mineral dealings.
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FAQ

§ 55.1-700. Definitions "Notification" means a statement acknowledging that the purchaser has been advised of any disclosures required by this chapter on the Real Estate Board's website or delivery of any such disclosures to the purchaser. Virginia Residential Property Disclosure Act - Virginia Law virginia.gov ? vacodepopularnames ? virgi... virginia.gov ? vacodepopularnames ? virgi...

The owner of the residential real property shall furnish to a purchaser a residential property disclosure statement for the buyer to beware of certain matters that may affect the buyer's decision to purchase such real property.

The owner of the residential real property shall furnish to a purchaser a residential property disclosure statement for the buyer to beware of certain matters that may affect the buyer's decision to purchase such real property. 55.1-703. Required disclosures for buyer to beware Virginia Law (.gov) ? chapter7 ? section55 Virginia Law (.gov) ? chapter7 ? section55

Virginia's Residential Property Disclosure Act (the ?Act) (Virginia Code §55-517 et seq.) requires real estate licensees to inform the parties to a transaction with whom they deal of their rights and obligations under the Act. RESIDENTIAL PROPERTY DISCLOSURE STATEMENT freshestates.com ? wp-content ? uploads ? 2016/05 freshestates.com ? wp-content ? uploads ? 2016/05

The Virginia Residential Property Disclosure Act (§ 55-517 et seq. of the Code of Virginia) governs the information owners must disclose to prospective purchasers of residential real property. Certain residential property transfers are excluded from the requirements (see § 55-518).

A real estate licensee representing an owner of residential real property as the listing broker has a duty to inform each such owner represented by that licensee of the owner's rights and obligations under this chapter.

§ 55.1-700. Definitions "Notification" means a statement acknowledging that the purchaser has been advised of any disclosures required by this chapter on the Real Estate Board's website or delivery of any such disclosures to the purchaser.

Virginia is a caveat emptor state. Caveat emptor is a Latin phrase that translates to "let the buyer beware." This means that a person buys at their own risk. Potential buyers are advised to conduct extensive research (due diligence) and ask the seller any questions. What Must a Seller Disclose When Selling a House in Virginia mccarthyakers.com ? blog ? what-must-seller-disc... mccarthyakers.com ? blog ? what-must-seller-disc...

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Virginia Due Diligence Review Form