This is a Tennessee Real Estate Residential Property Disclosure Form. You can adapt it to fit your circumstances. It is available in standard formats.
The Chattanooga Tennessee Real Estate Residential Property Disclosure Form is a vital document that provides important information about a residential property being sold in Chattanooga, Tennessee. This disclosure form aims to inform potential buyers about any known defects or issues related to the property, ensuring transparency and honesty throughout the real estate transaction process. Key Information: The Chattanooga Tennessee Real Estate Residential Property Disclosure Form typically includes the following information: 1. Structural Conditions: This section outlines the condition of the property's foundation, walls, roof, plumbing, electrical systems, HVAC units, and other structural components. 2. Environmental Issues: It discloses any known environmental concerns such as asbestos, lead-based paint, mold, radon, or any hazardous waste materials. 3. Water and Sewer Systems: Here, details regarding the source of water, the presence of a septic system (if applicable), or any issues related to water quality are provided. 4. Pest Infestations: This section discloses any known pest infestations, such as termites, rodents, or other pests that may have affected the property in the past. 5. Previous Repairs or Renovations: It mentions any major repairs, renovations, or additions done to the property in recent years, including permits obtained if available. 6. Legal Issues: Any legal disputes, liens or encumbrances related to the property are disclosed in this section. Types of Chattanooga Tennessee Real Estate Residential Property Disclosure Forms: 1. Standard Residential Property Disclosure Form: This is the primary disclosure form used for most residential real estate transactions in Chattanooga, Tennessee. It covers all necessary aspects of the property's condition and history, ensuring potential buyers are well-informed. 2. Condominium Property Disclosure Form: This form is specific to condominium units, providing details on not only the individual unit but also the condominium association's rules, regulations, fees, and amenities. 3. Multi-Family Property Disclosure Form: This form is relevant for properties that consist of multiple dwelling units, such as duplexes or apartment buildings. It covers specific details related to each unit, shared spaces, utility arrangements, and any issues that may affect multiple tenants. 4. New Construction Property Disclosure Form: This form is designed specifically for newly constructed homes or properties that have undergone substantial renovations. It focuses on the construction materials used, warranties offered, and other construction-specific details. It is crucial for both sellers and buyers to carefully review and understand the Chattanooga Tennessee Real Estate Residential Property Disclosure Form to ensure a transparent and smooth real estate transaction.The Chattanooga Tennessee Real Estate Residential Property Disclosure Form is a vital document that provides important information about a residential property being sold in Chattanooga, Tennessee. This disclosure form aims to inform potential buyers about any known defects or issues related to the property, ensuring transparency and honesty throughout the real estate transaction process. Key Information: The Chattanooga Tennessee Real Estate Residential Property Disclosure Form typically includes the following information: 1. Structural Conditions: This section outlines the condition of the property's foundation, walls, roof, plumbing, electrical systems, HVAC units, and other structural components. 2. Environmental Issues: It discloses any known environmental concerns such as asbestos, lead-based paint, mold, radon, or any hazardous waste materials. 3. Water and Sewer Systems: Here, details regarding the source of water, the presence of a septic system (if applicable), or any issues related to water quality are provided. 4. Pest Infestations: This section discloses any known pest infestations, such as termites, rodents, or other pests that may have affected the property in the past. 5. Previous Repairs or Renovations: It mentions any major repairs, renovations, or additions done to the property in recent years, including permits obtained if available. 6. Legal Issues: Any legal disputes, liens or encumbrances related to the property are disclosed in this section. Types of Chattanooga Tennessee Real Estate Residential Property Disclosure Forms: 1. Standard Residential Property Disclosure Form: This is the primary disclosure form used for most residential real estate transactions in Chattanooga, Tennessee. It covers all necessary aspects of the property's condition and history, ensuring potential buyers are well-informed. 2. Condominium Property Disclosure Form: This form is specific to condominium units, providing details on not only the individual unit but also the condominium association's rules, regulations, fees, and amenities. 3. Multi-Family Property Disclosure Form: This form is relevant for properties that consist of multiple dwelling units, such as duplexes or apartment buildings. It covers specific details related to each unit, shared spaces, utility arrangements, and any issues that may affect multiple tenants. 4. New Construction Property Disclosure Form: This form is designed specifically for newly constructed homes or properties that have undergone substantial renovations. It focuses on the construction materials used, warranties offered, and other construction-specific details. It is crucial for both sellers and buyers to carefully review and understand the Chattanooga Tennessee Real Estate Residential Property Disclosure Form to ensure a transparent and smooth real estate transaction.