Phoenix Arizona Affidavit of Disclosure

State:
Arizona
City:
Phoenix
Control #:
AZ-005LRS
Format:
Word; 
Rich Text
Instant download

Description

The Seller is required to disclose to a buyer all known facts that materially affect the value of the property which are not readily observable and are not known to buyer.
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How to fill out Arizona Affidavit Of Disclosure?

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FAQ

But in Arizona, disclosing a death at a home is not required. According to Arizona Revised Statutes 32-2156, a real estate agent ? or any seller ? doesn't have to disclose that a property was the site of a natural death, suicide, homicide or any other crime classified as a felony.

Arizona Affidavit of Disclosure Information. Before a transfer of real property is finalized, Arizona law requires the seller to disclose material facts about the relevant property to the buyer in a seller's disclosure report.

A seller in Arizona is required by law to disclose material information about the property that the seller actually and personally knows of.

Though selling property on an as-is basis in Arizona is not particularly difficult, it is not always easy to decide whether or not to make repairs to a home before listing it. When selling a house that features outdated bathrooms or an aging kitchen, investing in upgrades may well be worth the expense.

Caveat emptor ? ?buyer beware? no longer applies in Arizona.

Arizona Affidavit of Disclosure Information. Before a transfer of real property is finalized, Arizona law requires the seller to disclose material facts about the relevant property to the buyer in a seller's disclosure report.

3 An interesting feature of the statute is that the county record of an airport influence area is deemed to be sufficient notice to owners or potential purchasers of property in the airport influence area that a property is subject to aircraft overflights and noise.

Interesting Questions

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Phoenix Arizona Affidavit of Disclosure