Utah Addendum for New Home Insulation Disclosure - Required by Federal Trade Commission

• Category: Real Estate - Contracts - Addendums
• State: Multi-State
• Control #: US-00472-A3
• Format: Word; Rich Text

Description

This form is a New Home Insulation Addendum to a Real Estate Contract, wherein the parties agree that the insulation in the dwelling will comply with certain standards. This addendum should be signed contemporaneously with the general Contract. The Utah Addendum for New Home Insulation Disclosure is a document that is required by the Federal Trade Commission (FTC) for all new homes built in Utah. This addendum provides important information about the insulation used in the construction of the home. It is filled out by the builder or seller of the property and must be provided to the potential buyer before the sale is finalized. The purpose of the Utah Addendum for New Home Insulation Disclosure is to ensure that buyers are aware of the type and quality of insulation used in their new home. It helps buyers make informed decisions about the energy efficiency and comfort level of the property they are purchasing. The addendum includes several key sections and fields that need to be completed: 1. Property Information: This section includes details about the property, such as the street address, lot number, city, county, and zip code. 2. Builder/Seller Information: The addendum requires the builder or seller to provide their contact information and state whether they are the original builder or a subsequent seller. 3. Insulation Information: This is the main section of the addendum and contains essential details about the insulation used in the construction. It includes fields to specify the type of insulation, such as fiberglass, cellulose, foam, or other material. If more than one type of insulation is used, the proportions and areas where each type is installed should be specified. The addendum also asks for information regarding the R-value of the insulation, which measures its thermal resistance and effectiveness. 4. Verification: The builder or seller must indicate whether the insulation installation was inspected by a third party, such as a Home Energy Rater or a qualified inspector. 5. Disclaimer: The addendum includes a disclaimer stating that the information provided is accurate to the best of the builder's or seller's knowledge and does not guarantee energy savings or performance. Different types of Utah Addendum for New Home Insulation Disclosure may exist based on specific requirements or updates imposed by the Federal Trade Commission or local authorities. However, the fundamental purpose of the disclosure remains consistent across different versions. In conclusion, the Utah Addendum for New Home Insulation Disclosure is a vital document mandated by the Federal Trade Commission that provides crucial details about the insulation used in new homes built in Utah. It helps buyers assess the energy efficiency and comfort of their potential property and enables them to make informed decisions.

The Utah Addendum for New Home Insulation Disclosure is a document that is required by the Federal Trade Commission (FTC) for all new homes built in Utah. This addendum provides important information about the insulation used in the construction of the home. It is filled out by the builder or seller of the property and must be provided to the potential buyer before the sale is finalized. The purpose of the Utah Addendum for New Home Insulation Disclosure is to ensure that buyers are aware of the type and quality of insulation used in their new home. It helps buyers make informed decisions about the energy efficiency and comfort level of the property they are purchasing. The addendum includes several key sections and fields that need to be completed: 1. Property Information: This section includes details about the property, such as the street address, lot number, city, county, and zip code. 2. Builder/Seller Information: The addendum requires the builder or seller to provide their contact information and state whether they are the original builder or a subsequent seller. 3. Insulation Information: This is the main section of the addendum and contains essential details about the insulation used in the construction. It includes fields to specify the type of insulation, such as fiberglass, cellulose, foam, or other material. If more than one type of insulation is used, the proportions and areas where each type is installed should be specified. The addendum also asks for information regarding the R-value of the insulation, which measures its thermal resistance and effectiveness. 4. Verification: The builder or seller must indicate whether the insulation installation was inspected by a third party, such as a Home Energy Rater or a qualified inspector. 5. Disclaimer: The addendum includes a disclaimer stating that the information provided is accurate to the best of the builder's or seller's knowledge and does not guarantee energy savings or performance. Different types of Utah Addendum for New Home Insulation Disclosure may exist based on specific requirements or updates imposed by the Federal Trade Commission or local authorities. However, the fundamental purpose of the disclosure remains consistent across different versions. In conclusion, the Utah Addendum for New Home Insulation Disclosure is a vital document mandated by the Federal Trade Commission that provides crucial details about the insulation used in new homes built in Utah. It helps buyers assess the energy efficiency and comfort of their potential property and enables them to make informed decisions.