Washington State Form 17 With Sale Agreement In Utah

State:
Multi-State
Control #:
US-00056DR
Format:
Word; 
Rich Text
Instant download

Description

The Washington State Form 17 with sale agreement in Utah is a critical document used to facilitate real estate transactions, specifically in situations where a seller consents to show their property to a potential buyer through a designated realtor. This one-time listing and showing agreement clearly establishes the roles and responsibilities of all parties involved, including a specified professional fee structure for the realtor based on either a flat amount or a percentage of the sales price. The form requires the seller and agent to disclose their agency relationship, ensuring transparency and clarity in the transaction process. It is essential that parties understand the document thoroughly and seek legal advice if necessary. The form includes sections for seller and agent signatures, affirming their agreement to the terms. It is particularly beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants as it streamlines the real estate showing process and provides clear guidelines for compensation and agency relationships. Users are instructed to fill out the legal description of the property and the buyer's details, making it user-friendly for individuals with limited legal experience. Overall, this form aids in safeguarding the interests of both the seller and the agent while facilitating a smooth real estate transaction.

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FAQ

Utah is a Non-Disclosure state, meaning what a home was purchased for is not part of the public record. Square footage, lot size, and property tax information can be searched through the county's Office of the Assessor's website.

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.

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.

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?

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.

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.

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).

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Washington State Form 17 With Sale Agreement In Utah