This Seller's Information for Appraiser provided to Buyer form is used by the Buyer in Colorado to provide information required by an appraiser in order to conduct an appraisal of the property prior to purchase. The Seller provides this completed form to the Buyer, who furnishes it to the appraiser. This form is designed to make the transaction flow more efficiently.
Arvada Colorado Seller's Information for Appraiser provided to Buyer
Category:
State:
Colorado
City:
Arvada
Control #:
CO-00472-2
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Colorado Seller's Information For Appraiser Provided To Buyer?
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FAQ
It requires the listing licensee to disclose the square footage of the floor space of the living area of the residence to the buyer and seller when a licensee disseminates such information, including submission to a multiple listing service.
The Transfer Disclosure Statement is the document provided by the seller that describes the condition of the property, and it is mandatory. The TDS protects both the buyer and seller and ensures a fair transaction based on the actual condition of the property.
Facts & Defects Disclosures In Colorado, sellers have a duty to disclose information the buyer would find of significant importance about the property. This information is a material fact. Sellers are also supposed to reveal issues that could negatively affect the property's value. This is an adverse material fact.
Any ongoing problems with neighbours, including boundary disputes. Any neighbours known to have been served an Anti Social Behaviour Order (ASBO) Whether there have been any known burglaries in the neighbourhood recently. Whether any murders or suicides have occurred in the property recently.
Property sellers are usually required to disclose negative information about a property. It is usually wise to always disclose issues with your home, whether you are legally bound to or not. The seller must follow local, state, and federal laws regarding disclosures when selling their home.
Colorado Seller's Property Disclosure Form?Disclosure Requirements. When you sell a home in Colorado, you need to make disclosures under the terms of the Seller's Property Disclosure statement.
Colorado courts have concluded that sellers are in a superior position to know the condition of a house and therefore have a duty to disclose defects in the house, which is typically accomplished through a seller's property disclosure form.
Colorado courts have concluded that sellers are in a superior position to know the condition of a house and therefore have a duty to disclose defects in the house, which is typically accomplished through a seller's property disclosure form.