Phoenix Arizona Residential Real Estate Sales Disclosure Statement

State:
Arizona
City:
Phoenix
Control #:
AZ-37014
Format:
Word; 
Rich Text
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Description

This form is a Seller's Disclosure Statement for use in a residential sales transaction in Arizona. This disclosure statement concerns the condition of property and is completed by the Seller.


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  • Preview Residential Real Estate Sales Disclosure Statement
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  • Preview Residential Real Estate Sales Disclosure Statement
  • Preview Residential Real Estate Sales Disclosure Statement
  • Preview Residential Real Estate Sales Disclosure Statement
  • Preview Residential Real Estate Sales Disclosure Statement

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FAQ

New Jersey Sellers Must Disclose Known, Latent, Material Defects. In order to protect buyers from unwittingly purchasing real estate with hidden defects, a New Jersey home seller has a duty under the common law to tell prospective buyers about known, latent (concealed) material defects in the property.

Since that is a pretty broad statement, the Arizona Association of Realtors has created the SPDS form in an attempt to make the process as easy as possible. The disclosure form is divided into 6 general sections: Ownership and General Property Information.

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.

This form is used to record the selling price, date of sale and other required information about the sale of property.

By contrast, Massachusetts does not require sellers to provide a disclosure form or statement to potential buyers. If you work with a real estate broker or agent, he or she may ask you to complete a statement that will include a provision that indemnifies the broker or agent for any misstatements or errors on the form.

Every buyer should receive a Seller's Property Disclosure Statement (?SPDS?).

Most Common Disclosures in Real Estate Natural Hazards Disclosure. First on the list is the natural hazards disclosure.Market Conditions Advisory (MCA) Market Conditions Advisory, also known as MCA, covers items more financial in nature.State Transfer Disclosure.Local Transfer Disclosure.Megan's Law Disclosures.

Georgia real estate law stipulates that you must disclose any material defects that would cause a person to pay less or not at all for the property. A material defect is a problem with a component or system of the property that is unsafe to others or decreases the value of the real estate.

A disclosure statement is a document that a landlord must give the tenant when entering into or renewing a lease. It outlines essential lease information so the tenant can understand, at a glance, the key elements of the lease.

The Real Estate Transfer Disclosure Statement (TDS) describes the condition of a property and, in the case of a sale, must be given to a prospective buyer as soon as practicable and before transfer of title.

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Phoenix Arizona Residential Real Estate Sales Disclosure Statement