For your convenience, the complete English version of this form is attached below the Spanish version. This form is a Sellers Disclosure and Disclaimer Statement for use in a residential sales transaction. This statement concerns the condition of property and is completed by the Seller. Though this form is valid in many states, your state may require a specific disclosure form. It is your duty to confirm you are meeting your legal obligations. Maryland Residential Property Disclosure and Disclaimer Statement is a legal document that homeowners or sellers in Maryland must provide to potential buyers before the sale of a residential property. This statement is designed to disclose important information about the property and protect both parties involved in the transaction. It outlines any known defects or issues with the property and serves as a disclaimer of liability for any undisclosed problems. The Maryland Residential Property Disclosure and Disclaimer Statement covers various aspects of the property, including but not limited to: 1. Structural Components: This section addresses the condition of the property's foundation, walls, roof, and other structural elements. 2. Mechanical Systems: It includes information about the property's electrical systems, plumbing, HVAC (heating, ventilation, and air conditioning), and any known defects or malfunctions. 3. Environmental Hazards: This section discloses any known environmental hazards or issues on the property, such as radon gas, lead-based paint, asbestos, or underground storage tanks. 4. Water Supply and Sewage Disposal: It covers the source and quality of the property's water supply, as well as the type and condition of the sewage disposal system. 5. Appliances and Fixtures: This section includes information about the condition and functionality of any included appliances or fixtures, such as refrigerators, stoves, dishwasher, and light fixtures. 6. Zoning and Land Use: It provides information on the zoning classification of the property and any known land use restrictions or limitations. 7. Other Disclosures: This section may include additional disclosures specific to the property, such as pending lawsuits, shared easements, or any recent renovations or repairs. It's important to note that there can be variations of the Maryland Residential Property Disclosure and Disclaimer Statement depending on the type of property being sold. For example, there may be separate forms for condominiums, townhouses, or multi-unit buildings. These variations ensure that specific property details are accurately disclosed and appropriate disclaimers are made. Overall, the Maryland Residential Property Disclosure and Disclaimer Statement is a crucial document in real estate transactions, providing transparency and protection for both buyers and sellers. It ensures that buyers are fully informed about the condition of the property and gives sellers the opportunity to disclose any known defects or issues, minimizing potential disputes after the sale.
Maryland Residential Property Disclosure and Disclaimer Statement is a legal document that homeowners or sellers in Maryland must provide to potential buyers before the sale of a residential property. This statement is designed to disclose important information about the property and protect both parties involved in the transaction. It outlines any known defects or issues with the property and serves as a disclaimer of liability for any undisclosed problems. The Maryland Residential Property Disclosure and Disclaimer Statement covers various aspects of the property, including but not limited to: 1. Structural Components: This section addresses the condition of the property's foundation, walls, roof, and other structural elements. 2. Mechanical Systems: It includes information about the property's electrical systems, plumbing, HVAC (heating, ventilation, and air conditioning), and any known defects or malfunctions. 3. Environmental Hazards: This section discloses any known environmental hazards or issues on the property, such as radon gas, lead-based paint, asbestos, or underground storage tanks. 4. Water Supply and Sewage Disposal: It covers the source and quality of the property's water supply, as well as the type and condition of the sewage disposal system. 5. Appliances and Fixtures: This section includes information about the condition and functionality of any included appliances or fixtures, such as refrigerators, stoves, dishwasher, and light fixtures. 6. Zoning and Land Use: It provides information on the zoning classification of the property and any known land use restrictions or limitations. 7. Other Disclosures: This section may include additional disclosures specific to the property, such as pending lawsuits, shared easements, or any recent renovations or repairs. It's important to note that there can be variations of the Maryland Residential Property Disclosure and Disclaimer Statement depending on the type of property being sold. For example, there may be separate forms for condominiums, townhouses, or multi-unit buildings. These variations ensure that specific property details are accurately disclosed and appropriate disclaimers are made. Overall, the Maryland Residential Property Disclosure and Disclaimer Statement is a crucial document in real estate transactions, providing transparency and protection for both buyers and sellers. It ensures that buyers are fully informed about the condition of the property and gives sellers the opportunity to disclose any known defects or issues, minimizing potential disputes after the sale.
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.
