The Modesto California Supplemental Disclosure Package for Residential Real Estate Sale is a comprehensive document that provides crucial information about a property being sold in Modesto, California. This package is crucial for both the buyer and the seller, as it outlines specific details about the property that may not be included in the standard disclosure forms. It aims to ensure transparency and fully inform the parties involved in the real estate transaction. Within the Modesto California Supplemental Disclosure Package for Residential Real Estate Sale, several types of disclosures are commonly included to cover various aspects of the property and its surroundings. These may include: 1. Natural Hazard Disclosure: This disclosure addresses potential risks associated with natural disasters such as earthquakes, floods, wildfires, or landslides, which may affect the property. 2. Environmental Disclosure: This section covers any known environmental hazards or conditions that might exist on or near the property. It may include information about toxic substances, environmental contamination, or nearby industrial sites. 3. Homeowner's Association (HOA) Disclosure: If the property is part of an HOA, this disclosure will outline relevant rules, regulations, fees, assessments, and any other pertinent details affecting the buyer's rights and responsibilities as a member. 4. Noise Disclosure: This disclosure provides information about any nearby sources of excessive noise, such as airports, busy roads, construction sites, or entertainment venues. 5. Airport Disclosure: If the property is located near an airport, this disclosure will mention potential noise issues and any restrictions or regulations imposed by the airport authority. 6. Special Assessment Districts: This section provides information about any special assessments or fees imposed by local government agencies for public infrastructures, such as roads, sidewalks, or parks. 7. Mello-Roos Districts: For properties located within Mello-Roos districts, this disclosure explains the specific tax obligations associated with the district and how they may affect the property's overall cost of ownership. By including these different types of disclosures in the Modesto California Supplemental Disclosure Package for Residential Real Estate Sale, prospective buyers can make informed decisions based on the full scope of information about the property they are interested in. Sellers, on the other hand, comply with legal requirements and avoid potential future legal disputes arising from a lack of disclosure.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.