This form is a Seller's Disclosure Statement. This disclosure statement concerns the condition of property described in the document. The seller acknowledges that the information contained in the form is true and accurate.
San Jose California Seller's Real Estate Disclosure Statement
Category:
State:
Multi-State
City:
San Jose
Control #:
US-01631
Format:
Word;
Rich Text
Instant download
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How to fill out Seller's Real Estate Disclosure Statement?
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Transfers from one co-owner to one or more other co-owners. Transfer made to a spouse or to a child, grandchild, parent, grandparent or other direct ancestor or descendant. Transfers between spouses in connection with a dissolution of marriage or similar proceeding.
Flooding issues and plumbing leaks are the most common disclosures top real estate agents say they encounter. The biggest issue is always the plumbing leaks and the roof issues because of the recent hurricane we had last year, Fonseca said.
Often, an attempted waiver of the TDS by the buyer or the seller, such as the use of an as is clause in the purchase agreement, makes an agent's standard due diligence and disclosures seem unnecessary. However, the buyer cannot waive the seller's delivery of the statutorily-mandated TDS.
The seller of a one-to-four unit residential property completes and delivers to a prospective buyer a statutory form called a Transfer Disclosure Statement (TDS), more generically called a Condition of Property Disclosure Statement.
As a broad rule, all sellers of residential real estate property containing one to four units in California must complete and provide written disclosures to the prospective buyers.
The current list of non-disclosure states includes Alaska, Idaho, Kansas, Louisiana, Mississippi, Missouri (some counties), Montana, New Mexico, North Dakota, Texas, Utah, and Wyoming.
When you make an offer on a home, one of the first pieces of paperwork you'll get is a seller's property disclosure. Also known as a property disclosure statement, home disclosure and real estate disclosure form, this document contains a list of known problems with the home.
What Are the Mandatory Real Estate Disclosures in California? California Transfer Disclosure Statement (TDS) Declaring Material Facts. What Happens If You Don't Disclose Material Facts?
Here are eight common real estate seller disclosures to be aware of, whether you're on the buyer's side or the seller's side. Death in the Home.Neighborhood Nuisances.Hazards.Homeowners' Association Information.Repairs.Water Damage.Missing Items.Other Possible Disclosures.