Real Estate Seller's Disclosure Statement
Real Estate Seller's Disclosure Statement
Effective Date: [Month Day, Year]
Seller's Information
|
Seller's Name |
[Your Name] |
|
Seller's Contact Number |
|
|
Seller's Email |
|
|
Property Address |
This Real Estate Seller's Disclosure Statement is provided by [Your Company Name], hereafter referred to as the "Company," to [Your Client Name], the prospective buyer, for the property located at [Your Client Address]. The purpose of this document is to disclose, in a clear and comprehensive manner, all known material defects and information regarding the property's condition that may influence the buyer's decision to purchase. It is emphasized that this disclosure does not replace the need for thorough inspections by licensed professionals.
Property Details
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Type of Property |
(Residential/Commercial) |
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Year Built |
|
|
Lot Size |
|
|
Building Square Footage |
Section 1: Ownership and Legal Information
This section seeks detailed information regarding the legal standings of the property, including title status, any restrictions, and homeowners' association (HOA) details. Full disclosure ensures transparency and can significantly impact the purchasing decision.
|
Detail |
Yes/No |
Details |
|---|---|---|
|
Known Issues with the Title |
No |
N/A |
|
Easements, Covenants, or Restrictions |
||
|
Part of an HOA |
Section 2: Property Condition
Disclose the current condition of the property's structure, systems, and any hazardous materials. This critical section aims to inform the buyer of the property's state, highlighting areas that may require repair or have previously been addressed.
|
Detail |
Condition |
Details |
|---|---|---|
|
Structural Integrity |
Operational |
Minor repairs on roofing ([Year]) |
|
Systems and Appliances |
||
|
Presence of Hazardous Substances |
Section 3: Improvements and Renovations
This section documents any major improvements, repairs, or renovations undertaken on the property. This includes dates and descriptions of the work done, providing the buyer with insight into the property's upkeep and enhancements.
|
Date |
Description |
|---|---|
|
[MM/YYY] |
Kitchen remodel: New countertops and appliances |
Section 4: Additional Disclosures
Address any additional disclosures that could affect the property's value or desirability, such as liens, judgments, or past insurance claims. This transparency is vital for building trust and ensuring that all parties are fully informed.
|
Detail |
Yes/No |
Details |
|---|---|---|
|
Liens or Judgments |
No |
N/A |
|
Insurance Claims |
Acknowledgement
I, [Your Name], in my capacity as [Your Job Title] of [Your Company Name], hereby declare that the information provided herein is accurate and complete to the best of my knowledge as of the date below. I understand the importance of providing truthful and accurate information and am aware of the legal implications of failing to do so.
Date: [Month Day, Year]
Signature: 
Buyer's Acknowledgement
I, [Your Client Name], acknowledge receipt of this Real Estate Seller's Disclosure Statement and understand that it forms part of the basis of my decision to purchase the property located at [Your Client Address]. I am aware that this document does not substitute for a professional property inspection and that I have the right to seek independent professional advice.
Date: [Month Day, Year]
Signature:
This document is intended to provide a comprehensive overview of the property's condition and is not exhaustive. Buyers are encouraged to conduct their own due diligence and inspections.
