What are the property condition disclosure exemptions in CT?

CT Property Condition Disclosure Exemptions The property is being transferred to a spouse, parent, grandparent, child, or sibling of the transferor without consideration of payment. The federal government, a political corporation, institution, or quasi-government agent is making the property transfer.

Are property disclosures required in CT?

The Uniform Property Condition Disclosure Act (Connecticut General Statutes Section 20-327b) requires the seller of residential property to provide this disclosure to the prospective purchaser prior to the prospective purchaser's execution of any binder, contract to purchase, option or lease containing a purchase ...

Do you have to disclose asbestos when selling a house in CT?

Seller's Duty to Remove Asbestos A seller has no legal obligation to remove asbestos from the house he is selling. He is generally not even required by state law to disclose that asbestos is present in the home. The home buyer can and should inspect the home prior to buying it.

Who has primary responsibility for disclosing the condition of a property?

Although most of the responsibility of disclosure is on the seller, the buyer has obligations too. The buyer must do more than only rely the disclosures provided by the seller and agents. The buyer must also exercise reasonable due diligence to investigate the property being purchased.

Are property disclosures required in CT?

The Uniform Property Condition Disclosure Act (Connecticut General Statutes Section 20-327b) requires the seller of residential property to provide this disclosure to the prospective purchaser prior to the prospective purchaser's execution of any binder, contract to purchase, option or lease containing a purchase ...

Is Connecticut a full disclosure state?

If you're selling your home in the Nutmeg State, you'll need to be mindful of Connecticut's disclosure requirements. Sellers of residential property are required by state law to disclose certain defects with their home that could impair its value. These disclosures must be made before any purchase contract is signed.

Is Connecticut a full disclosure state?

If you're selling your home in the Nutmeg State, you'll need to be mindful of Connecticut's disclosure requirements. Sellers of residential property are required by state law to disclose certain defects with their home that could impair its value. These disclosures must be made before any purchase contract is signed.

What do you have to disclose when selling a house in CT?

By law, home sellers must provide a disclosure statement in writing regarding the condition of their home. The contents of disclosure statements vary by state and municipality, but they must disclose known hazards and defects of the home, as well as any important information that may affect the seller's decision.

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Q: Do you have to disclose asbestos when selling a house in CT?

Seller&#039;s Duty to Remove Asbestos A seller has no legal obligation to remove asbestos from the house he is selling. He is generally not even required by state law to disclose that asbestos is present in the home. The home buyer can and should inspect the home prior to buying it.

Q: Is Connecticut a full disclosure state?

If you&#039;re selling your home in the Nutmeg State, you&#039;ll need to be mindful of Connecticut&#039;s disclosure requirements. Sellers of residential property are required by state law to disclose certain defects with their home that could impair its value. These disclosures must be made before any purchase contract is signed.

Q: Is Connecticut a full disclosure state?

If you&#039;re selling your home in the Nutmeg State, you&#039;ll need to be mindful of Connecticut&#039;s disclosure requirements. Sellers of residential property are required by state law to disclose certain defects with their home that could impair its value. These disclosures must be made before any purchase contract is signed.

___ 6. ___________________________________________________________________ Is there an underground fuel tank? If yes, give age of tank if known, and location. ____________ a. ___________________________________________________________________ b. Are you aware of any problems with the fuel tank? If yes, explain: _______________________ ___________________________________________________________________ 7. Hot water problems? If yes, explain: _________________________________________________.

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