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. Ohio Residential Property Disclosure and Disclaimer Statement is a legal document that provides information about a residential property for potential buyers. This statement outlines the condition of the property and any known defects, ensuring transparency and protecting both parties involved in the real estate transaction. In Ohio, there are several types of Residential Property Disclosure and Disclaimer Statements, including: 1. Standard Residential Property Disclosure and Disclaimer Statement: This is the most common type of disclosure statement, which covers general information about the property, such as its age, condition, known defects, past repairs, and any environmental hazards like lead-based paint or asbestos. 2. Residential Property Disclosure Exemption Statement: This type of disclosure is used when there is an exemption from providing certain information about the property. For example, if the property is being sold by a bank or a trustee who has never occupied the property, they may be exempt from providing personal knowledge about the property's condition. 3. Residential Property Disclaimer Statement: This statement is used when the seller wants to disclaim any liability for the property's condition. It stipulates that the seller is not responsible for any defects or issues with the property, and the buyer purchases the property "as is," assuming all responsibility for repairs or damages. Ohio's Declaration de Descargo de Responsabilidad y Description de RNA Provided Residential serves a similar purpose as the Residential Property Disclosure and Disclaimer Statement but is provided in Spanish for buyers who prefer or require Spanish-language documents. Regardless of the type of Residential Property Disclosure and Disclaimer Statement used in Ohio, it is crucial for potential buyers to carefully review the document, ask questions, and seek professional advice before making a purchase. This helps ensure that all parties involved have accurate information about the property and understand their rights and responsibilities.
Ohio Residential Property Disclosure and Disclaimer Statement is a legal document that provides information about a residential property for potential buyers. This statement outlines the condition of the property and any known defects, ensuring transparency and protecting both parties involved in the real estate transaction. In Ohio, there are several types of Residential Property Disclosure and Disclaimer Statements, including: 1. Standard Residential Property Disclosure and Disclaimer Statement: This is the most common type of disclosure statement, which covers general information about the property, such as its age, condition, known defects, past repairs, and any environmental hazards like lead-based paint or asbestos. 2. Residential Property Disclosure Exemption Statement: This type of disclosure is used when there is an exemption from providing certain information about the property. For example, if the property is being sold by a bank or a trustee who has never occupied the property, they may be exempt from providing personal knowledge about the property's condition. 3. Residential Property Disclaimer Statement: This statement is used when the seller wants to disclaim any liability for the property's condition. It stipulates that the seller is not responsible for any defects or issues with the property, and the buyer purchases the property "as is," assuming all responsibility for repairs or damages. Ohio's Declaration de Descargo de Responsabilidad y Description de RNA Provided Residential serves a similar purpose as the Residential Property Disclosure and Disclaimer Statement but is provided in Spanish for buyers who prefer or require Spanish-language documents. Regardless of the type of Residential Property Disclosure and Disclaimer Statement used in Ohio, it is crucial for potential buyers to carefully review the document, ask questions, and seek professional advice before making a purchase. This helps ensure that all parties involved have accurate information about the property and understand their rights and responsibilities.
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.
