What must be disclosed when selling a house in Washington state?

Sellers must fill out either an unimproved or improved residential real estate disclosure form, which covers various topics about the property's condition. This comprehensive form asks about the state of the home's electrical, plumbing, heating and other systems.

What should the seller's property disclosure statement reveal?

Sellers may be required to disclose a list of all of the major repairs made in various areas of the property. Buyers will want to know of any past problems. They'll want to know if an issue's been fixed and how it was fixed, if it requires ongoing maintenance or if it has the potential to cause problems in the future.

US Legal Forms
Agreements - Agreement Forms
One Time Listing and Showing Agreement

Washington State Form 17 For Sale In Cuyahoga

Category:

Real Estate - Listing Agreements

State:

Multi-State

County:

Cuyahoga

Control #:

US-00056DR

Format:

Instant download

Description

This form grants to a realtor or broker the sole and exclusive right to list and show the property described in the agreement on one occasion. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

It is a general rule that sellers must disclose any information that could negatively impact the value of the property.

The state does not require disclosure of any deaths, including murders or suicide. Do you have to report a death in your home while selling real estate in Washington? Washington state does not require disclosure of death on a property.

You can get the form from a buyer's or seller's agent or real estate attorney. While the disclosure form will vary in format, it may contain the following: List of specific issues the homeowner must check off if the home has them. Questions about the property the seller must answer with “Yes,” “No” or “Unknown”

Based on the premise that a specific non-disclosure could impact the value of and the decision to buy a property, mentioning all such relevant disclosures is mandatory. For example, failure to disclose real estate pest infestation in the past in the area where the property is located.

Washington State requires sellers of residential real property to thoroughly disclose material facts on a form called the Residential Real Property Disclosure Statement (often referred to as Form 17).

Sellers must complete a Transfer Disclosure Statement (TDS), in which they disclose known defects and other pertinent information about the property. Failure to disclose these material facts can lead to legal liability.

While sellers have always been required to disclose material facts, the Form 17 has been required by law (RCW 64.06. 020) since January 1, 1995. It has undergone ten revisions since its inception, the last of which went into effect in 2021.

Sellers must fill out either an unimproved or improved residential real estate disclosure form, which covers various topics about the property's condition. This comprehensive form asks about the state of the home's electrical, plumbing, heating and other systems.

A disclosure statement is a financial document given to a participant in a transaction explaining key information in plain language. Disclosure statements for retirement plans must clearly spell out who contributes to the plan, contribution limits, penalties, and tax status.

Sellers may be required to disclose a list of all of the major repairs made in various areas of the property. Buyers will want to know of any past problems. They'll want to know if an issue's been fixed and how it was fixed, if it requires ongoing maintenance or if it has the potential to cause problems in the future.

More info

To be used in transfers of improved residential real property, including residential dwellings up to four units, new construction,. Nearly all real estate sales in Washington State require a seller disclosure statement, also known as Form 17, to be given to the buyer.By law, most sellers of real property must provide a completed Seller Disclosure Statement (aka Form 17) to any buyer. The Form 17 permits a seller to mark answers to the form questions as "Yes", "No", "I don't know", and "NA." All PDF forms and documents function optimally when downloaded to your computer and opened with the free Adobe Acrobat Reader software. The calendar below provides a list of scheduled events. Visit Cuyahoga Valley Scenic Railroad's website to find the full train schedule and to buy tickets. Authorities are required to prepare and submit Form HUD51234 to the HUD Washington State Office. With the 2024 general election coming up shortly, we created a guide on everything you need to know about voting on Nov. 5. The AGO's Public Records Unit, which assembles this manual every year, partners with the Ohio Auditor of State's Office to provide free Sunshine Laws training.

Washington State Form 17 For Sale In Cuyahoga

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FAQ

Do you have to disclose everything when selling a house?

Do realtors have to disclose death in a house in Washington state?

How to get seller disclosure?

What is an example of failure to disclose?

Is seller disclosure mandatory in Washington state?

Who must prepare the transfer disclosure statement?

Is Form 17 required in Washington state?

What must be disclosed when selling a house in Washington state?

What should a disclosure statement include?

What should the seller's property disclosure statement reveal?

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