The Arizona Seller's Real Estate Disclosure Statement is a crucial document in the buying and selling process of real estate properties in Arizona. It serves as a disclosure tool for sellers to provide potential buyers with detailed information about the property's condition and any known issues. This disclosure statement is mandatory for all sellers in Arizona and must be completed accurately and honestly. It aims to protect buyers from any misrepresentations or hidden defects that may affect the property's value or occupant's safety. Key details included in the Arizona Seller's Real Estate Disclosure Statement are: 1. Structural Information: This section covers information about the property's structure, including the roof, foundation, walls, and any structural modifications made. It also requires disclosure of any structural problems or damages. 2. Mechanical Systems: Sellers are required to disclose details about the property's mechanical systems, such as plumbing, electrical, heating, and cooling. Any known issues or repairs done should be mentioned. 3. Environmental Factors: This section focuses on potential environmental concerns that may affect the property, such as flood zones, soil stability, underground tanks, or any past contamination issues. 4. Pest Infestations: Sellers must disclose any pest infestations or treatments done in the past, including termites, rodents, or other destructive pests. 5. Utilities and Services: Sellers are required to provide information about the property's utility providers, such as electricity, water, gas, and sewer services. It also covers the availability of internet and cable services. 6. Homeowners Association (HOA): If the property is part of a homeowners' association, the seller must specify the association's name, contact information, and disclose any fees or special assessments. 7. Repairs and Renovations: This section requires sellers to disclose any recent repairs, upgrades, renovations, or additions performed on the property. It helps buyers understand the property's overall condition and potential improvements made. Different types of Arizona Seller's Real Estate Disclosure Statements may exist based on various property categories or specific disclosure requirements. Some examples include: 1. Residential Seller's Real Estate Disclosure Statement: This specific form caters to typical residential properties, such as detached houses, townhouses, or condominiums. 2. Vacant Land Seller's Real Estate Disclosure Statement: When selling undeveloped land, this form is used to provide information relevant to the potential use and condition of the land. 3. Commercial Seller's Real Estate Disclosure Statement: This version of the disclosure statement is designed for commercial properties, including retail spaces, office buildings, or industrial properties. It is essential for sellers to complete the correct disclosure form based on the type of property they are selling to ensure compliance with Arizona's real estate disclosure requirements.
Arizona Seller's Real Estate Disclosure Statement
Description
How to fill out Arizona Seller's Real Estate Disclosure Statement?
US Legal Forms - one of the premier collections of legal documents in the United States - offers a vast selection of legal form templates that you can download or create.
By utilizing the website, you can access thousands of forms for business and personal purposes, organized by categories, states, or keywords. You can find the latest versions of forms like the Arizona Seller's Real Estate Disclosure Statement in moments.
If you already have an account, Log In to obtain the Arizona Seller's Real Estate Disclosure Statement through the US Legal Forms catalog. The Download option will appear for every form you view. You can access all previously downloaded forms from the My documents section of your account.
Make modifications. Fill, edit, print, and sign the downloaded Arizona Seller's Real Estate Disclosure Statement.
Each template you added to your account has no expiration date and belongs to you indefinitely. Therefore, if you wish to download or print another copy, simply go to the My documents section and click on the form you need.
- strong>Make sure you have selected the correct form for your city/state. Click the Preview button to review the form's details.
- Check the form description to verify that you have chosen the correct form.
- If the form does not fulfill your requirements, utilize the Search box at the top of the screen to find the one that does.
- Once you are satisfied with the form, confirm your selection by clicking the Purchase now button. Then, choose your preferred payment plan and provide your details to register for the account.
- Proceed with the payment. Use your credit card or PayPal account to complete the transaction.
- Select the file format and download the form to your device.
Form popularity
FAQ
Since that is a pretty broad statement, the Arizona Association of Realtors has created the SPDS form in an attempt to make the process as easy as possible. The disclosure form is divided into 6 general sections: Ownership and General Property Information. Building and Safety Information.
Non-Disclosure ItemsArizona laws clearly state the items that should be disclosed to aspiring homebuyers. Anyone who is interested in investing in your real estate or buying your house must know the general details of the property before they go ahead with the deal.
But in Arizona, disclosing a death at a home is not required. According to Arizona Revised Statutes 32-2156, a real estate agent or any seller doesn't have to disclose that a property was the site of a natural death, suicide, homicide or any other crime classified as a felony.
Arizona law requires the seller to disclose material (important) facts about the property, even if you are not asked by the buyer or a real estate agent. These disclosure obligations remain even if you and the buyer agree that no Seller's Property Disclosure Statement (SPDS) will be provided.
Environmental Information The seller must disclose any environmental issues or known issues with drainage, soil, fissures and dampness/moisture. The seller must also include any known issues with noise from highways or airports, traffic, landfills and toxic waste disposal near the property.
In general, a disclosure document is supposed to provide details about a property's condition that might negatively affect its value. Sellers who willfully conceal information can be sued and potentially convicted of a crime. Selling a property "As Is" will usually not exempt a seller from disclosures.
In general, a disclosure document is supposed to provide details about a property's condition that might negatively affect its value. Sellers who willfully conceal information can be sued and potentially convicted of a crime. Selling a property "As Is" will usually not exempt a seller from disclosures.
Arizona law requires the seller to disclose material (important) facts about the property, even if you are not asked by the buyer or a real estate agent.
Interesting Questions
More info
Com FTP Dropbox OneDrive Google Calendar Google Docs GitHub Google Drive+Facebook Google Messenger Twitter Apple iCloud Dropbox iCloud Drive Dropbox.