For your convenience, the complete English version of this form is attached below the Spanish version. This form is a Sellers Disclosure and Disclaimer Statement for use in a residential sales transaction. This statement concerns the condition of property and is completed by the Seller. Though this form is valid in many states, your state may require a specific disclosure form. It is your duty to confirm you are meeting your legal obligations.
Wisconsin Declaracion de Descargo de Responsabilidad y Descripcion de una Propiedad Residencial. Residential Property Disclosure and Disclaimer Statement
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State:
Multi-State
Control #:
US-37014-SPAN
Format:
Word;
Rich Text
Instant download
Description
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. Se trata de una declaración y denegación de responsabilidades por parte del vendedor, para ser utilizada en una transacción de compraventa de inmuebles para la vivienda. Esta declaración se refiere a la condición de la propiedad y es el Vendedor quien debe completarla. Aunque este formulario es válido en muchos estados, el suyo quizá pueda exigir un formulario específico. Queda bajo su responsabilidad corroborar que cumple con sus obligaciones legales.
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FAQ
The owner must disclose whether he or she is aware of defects in the following: roof; electrical, plumbing, and heating/air conditioning systems; well; septic system; basement or foundation (including cracks, seepage, or bulges); structure; mechanical equipment; and fireplace.
The disclosure law requires owners of residential property (of four or fewer dwelling units) to disclose in conjunction with the property's transfer (whether by sale, exchange, or land contract), "defects" in the property.
The most common exclusion is dealing with the Trust sale. A sale of real property owned by a trust is exempt from the disclosure requirements under the statute. (CA CC 1102.2(d)). However, the exemption is not absolute.
An ?owner? who transfers real estate containing one to four dwelling units, including a condominium unit and time?share property, by sale, exchange, or land contract is required to complete this report.
Owner must provide the completed statement to the purchaser prior to the time the owner ad the purchaser sign a RE contract, unless RE contract states otherwise.
Conservators of estates, trustees, court-appointed sellers and people selling property under a power of attorney agreement with the owner are exempt from the requirement to complete the real estate condition report.