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. Hillsborough Florida Residential Property Disclosure and Disclaimer Statement is a crucial document in the real estate industry, specifically tailored to provide a detailed description of a residential property in Hillsborough County, Florida. This disclosure statement aims to inform prospective buyers about the property's condition, potential issues, and limitations, while also serving as a disclaimer to protect sellers and agents from potential legal liabilities. Within the Hillsborough Florida Residential Property Disclosure and Disclaimer Statement, there are several key elements covered, including: 1. Property Description: This section provides a comprehensive overview of the residential property, including its address, size, number of bedrooms and bathrooms, and any unique features that may add value or significance. 2. Seller's Disclosure: Here, the seller is required to disclose any known material defects or issues pertaining to the property. This includes providing information about the structural integrity, electrical and plumbing systems, roof condition, water damage, presence of pests, previous repairs or renovations, and any ongoing legal disputes or pending litigation related to the property. 3. Environmental Disclosures: In this segment, the disclosure statement encompasses information regarding environmental hazards or concerns that may impact the property. This may include but is not limited to the presence of lead-based paint, asbestos, radon gas, mold, or any other hazardous substances or contaminants that could pose a risk to human health. 4. Homeowners Association (HOA) Disclosures: If the residential property is part of a homeowners' association, this section outlines the HOA rules, regulations, fees, assessments, and any restrictions imposed on the property. It covers essential details such as architectural guidelines, community amenities, noise regulations, and any ongoing or planned special assessments. 5. Natural Hazards and Flood Zone: This portion highlights any significant natural hazards that may affect the property, such as being located in a flood zone, fire-prone area, hurricane-prone region, or seismic activity zone. It informs prospective buyers about the potential risks associated with the property's location and advises them on obtaining appropriate insurance coverage. 6. Disclaimer and Waiver of Liability: The final section of the Hillsborough Florida Residential Property Disclosure and Disclaimer Statement acts as a disclaimer and waiver of liability, protecting the seller and real estate agent from future legal claims or disputes. It clarifies that the disclosure statement is not a warranty or guarantee of the property's condition and advises buyers to conduct their own inspections and due diligence before making a purchase. It's important to note that the specific content and format of the Hillsborough Florida Residential Property Disclosure and Disclaimer Statement may vary slightly depending on local regulations, market customs, and real estate agency standards. However, these key elements generally cover the essential information required to accurately describe the property's condition and protect all parties involved in the transaction.
Hillsborough Florida Residential Property Disclosure and Disclaimer Statement is a crucial document in the real estate industry, specifically tailored to provide a detailed description of a residential property in Hillsborough County, Florida. This disclosure statement aims to inform prospective buyers about the property's condition, potential issues, and limitations, while also serving as a disclaimer to protect sellers and agents from potential legal liabilities. Within the Hillsborough Florida Residential Property Disclosure and Disclaimer Statement, there are several key elements covered, including: 1. Property Description: This section provides a comprehensive overview of the residential property, including its address, size, number of bedrooms and bathrooms, and any unique features that may add value or significance. 2. Seller's Disclosure: Here, the seller is required to disclose any known material defects or issues pertaining to the property. This includes providing information about the structural integrity, electrical and plumbing systems, roof condition, water damage, presence of pests, previous repairs or renovations, and any ongoing legal disputes or pending litigation related to the property. 3. Environmental Disclosures: In this segment, the disclosure statement encompasses information regarding environmental hazards or concerns that may impact the property. This may include but is not limited to the presence of lead-based paint, asbestos, radon gas, mold, or any other hazardous substances or contaminants that could pose a risk to human health. 4. Homeowners Association (HOA) Disclosures: If the residential property is part of a homeowners' association, this section outlines the HOA rules, regulations, fees, assessments, and any restrictions imposed on the property. It covers essential details such as architectural guidelines, community amenities, noise regulations, and any ongoing or planned special assessments. 5. Natural Hazards and Flood Zone: This portion highlights any significant natural hazards that may affect the property, such as being located in a flood zone, fire-prone area, hurricane-prone region, or seismic activity zone. It informs prospective buyers about the potential risks associated with the property's location and advises them on obtaining appropriate insurance coverage. 6. Disclaimer and Waiver of Liability: The final section of the Hillsborough Florida Residential Property Disclosure and Disclaimer Statement acts as a disclaimer and waiver of liability, protecting the seller and real estate agent from future legal claims or disputes. It clarifies that the disclosure statement is not a warranty or guarantee of the property's condition and advises buyers to conduct their own inspections and due diligence before making a purchase. It's important to note that the specific content and format of the Hillsborough Florida Residential Property Disclosure and Disclaimer Statement may vary slightly depending on local regulations, market customs, and real estate agency standards. However, these key elements generally cover the essential information required to accurately describe the property's condition and protect all parties involved in the transaction.
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.
