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.
Contra Costa California Residential Property Disclosure and Disclaimer Statement serves as a crucial document for any residential property transaction in Contra Costa County, California. This legally required disclosure statement aims to provide potential buyers with important information about the property they are considering and to protect the seller from future liability claims. It discusses various aspects related to the property's condition, potential hazards, and other relevant details that may impact the buyer's decision-making process. Key elements commonly found in Contra Costa California Residential Property Disclosure and Disclaimer Statement include: 1. Property Description: This section provides a detailed description of the residential property, including its physical address, lot size, number of bedrooms and bathrooms, square footage, and any additional structures or amenities on the land. 2. Seller's Disclaimer: The seller acknowledges that they are not responsible for any issues or deficiencies unless expressly disclosed in the statement. It clarifies that the buyer is responsible for conducting due diligence and inspections before purchasing the property. 3. Material Disclosures: The statement includes a comprehensive disclosure of any known material defects, damages, or issues affecting the property. This can encompass structural problems, electrical and plumbing systems, environmental hazards, the presence of molds or pests, or any other relevant information that could impact the buyer's decision. 4. Hazards and Condition: Sellers are required to disclose any known hazards specific to the property, such as seismic risks, flood zones, or potential soil instability. Additionally, the property's overall condition, including its age, major renovations, or repairs that have been carried out, will be disclosed. 5. Legal Disclaimers: The statement may contain various legal disclaimers addressing matters such as zoning regulations, easements, encroachments, and shared utilities or amenities. It aims to inform the buyer of potential limitations or requirements associated with the property. 6. Seller's Representations: This section confirms that the seller is the rightful owner of the property and has the legal authority to sell it. It also states that the seller has not withheld any significant information that should have been disclosed. Different types of Contra Costa California Declaration de Descargo de Responsabilidad y Description de RNA Provided Residential may exist to cater to specific property types. For example, there might be distinct documents for single-family homes, condominiums, townhouses, or multi-unit residential buildings. These variations typically account for specific considerations related to each property type, such as homeowners' association rules, shared utilities, or common areas. It is essential for both buyers and sellers to carefully review and understand the Contra Costa California Declaration de Descargo de Responsabilidad y Description de RNA Provided Residential before completing any real estate transaction. Consulting with a qualified real estate agent or attorney can provide further guidance and ensure compliance with local regulations.
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.
