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. Collin Texas Residential Property Disclosure and Disclaimer Statement is a legal document that provides potential buyers with important information about a residential property located in Collin County, Texas. This document serves to protect both the seller and the buyer by disclosing material facts and potential risks associated with the property. Keywords: Collin Texas, residential property, disclosure, disclaimer, statement, buyers, seller, material facts, risks. The Collin Texas Residential Property Disclosure and Disclaimer Statement includes various sections, and depending on the specific circumstances of the property, additional types or variations of this statement may exist: 1. General Information: This section provides essential details about the property, such as its address, legal description, and identification numbers. 2. Seller's Disclosure: In this section, the seller is required to disclose any known defects, issues, or conditions that may affect the property's value or pose potential risks to the buyer. This could include structural problems, damages, pest infestation, and any previous repairs or renovations. 3. Ownership History: The property's ownership history, including any liens or encumbrances, is disclosed in this section. It ensures that the buyer is aware of any potential legal or financial issues associated with the property. 4. Environmental Factors: This section covers disclosures regarding environmental hazards or risks that may exist on or near the property, such as the presence of asbestos, lead-based paint, soil contamination, or proximity to hazardous facilities or sites. 5. Utilities and Services: Buyers need to know about the availability, quality, and functionality of utilities and services, including water, electricity, sewage disposal, heating, air conditioning, and internet connectivity. Any known deficiencies or limitations should be disclosed. 6. Homeowner's Association (HOA): If the property is subject to HOA regulations, the seller must disclose information regarding the HOA's rules and regulations, fees, and any pending litigation or assessments. 7. Insurance Claims and History: Sellers are required to disclose any insurance claims made for the property, including past damage, repairs, or ongoing issues covered by insurance. It is important to note that the specific content and requirements of the Collin Texas Residential Property Disclosure and Disclaimer Statement may vary based on the applicable laws, regulations, and forms approved by local authorities. Therefore, it is essential for both buyers and sellers to consult with legal professionals or real estate agents familiar with Collin County's specific requirements.
Collin Texas Residential Property Disclosure and Disclaimer Statement is a legal document that provides potential buyers with important information about a residential property located in Collin County, Texas. This document serves to protect both the seller and the buyer by disclosing material facts and potential risks associated with the property. Keywords: Collin Texas, residential property, disclosure, disclaimer, statement, buyers, seller, material facts, risks. The Collin Texas Residential Property Disclosure and Disclaimer Statement includes various sections, and depending on the specific circumstances of the property, additional types or variations of this statement may exist: 1. General Information: This section provides essential details about the property, such as its address, legal description, and identification numbers. 2. Seller's Disclosure: In this section, the seller is required to disclose any known defects, issues, or conditions that may affect the property's value or pose potential risks to the buyer. This could include structural problems, damages, pest infestation, and any previous repairs or renovations. 3. Ownership History: The property's ownership history, including any liens or encumbrances, is disclosed in this section. It ensures that the buyer is aware of any potential legal or financial issues associated with the property. 4. Environmental Factors: This section covers disclosures regarding environmental hazards or risks that may exist on or near the property, such as the presence of asbestos, lead-based paint, soil contamination, or proximity to hazardous facilities or sites. 5. Utilities and Services: Buyers need to know about the availability, quality, and functionality of utilities and services, including water, electricity, sewage disposal, heating, air conditioning, and internet connectivity. Any known deficiencies or limitations should be disclosed. 6. Homeowner's Association (HOA): If the property is subject to HOA regulations, the seller must disclose information regarding the HOA's rules and regulations, fees, and any pending litigation or assessments. 7. Insurance Claims and History: Sellers are required to disclose any insurance claims made for the property, including past damage, repairs, or ongoing issues covered by insurance. It is important to note that the specific content and requirements of the Collin Texas Residential Property Disclosure and Disclaimer Statement may vary based on the applicable laws, regulations, and forms approved by local authorities. Therefore, it is essential for both buyers and sellers to consult with legal professionals or real estate agents familiar with Collin County's specific requirements.
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.
