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.
Lima Arizona Declaration de Descargo de Responsabilidad y Description de RNA Provided Residential, also known as Residential Property Disclosure and Disclaimer Statement, is a legally binding document that provides detailed information about a residential property located in Lima, Arizona. This statement outlines the responsibilities and disclaimers associated with the property, ensuring transparency and protecting both the buyer and the seller. Key elements within the Lima Arizona Declaration de Descargo de Responsabilidad y Description de RNA Provided Residential typically include: 1. Property Description: This section presents a comprehensive description of the residential property, including its address, size, layout, and any specific features or characteristics that may affect its value or use. 2. Condition of Property: The statement should describe the property's overall condition, both internally and externally. It will typically include information about the structural integrity, plumbing, electrical systems, HVAC (heating, ventilation, and air conditioning), roofing, and any known defects or issues present. This disclosure helps potential buyers understand the property's current state and make informed decisions. 3. Disclaimer of Liability: This crucial aspect clarifies that the seller or the disclosing party cannot be held responsible for any undiscovered defects or issues that may arise after the sale. It emphasizes that the buyer should conduct their own independent inspections and assessments before finalizing the purchase. 4. Disclosed Defects and Repairs: Here, the seller outlines any known defects or repairs made to the property during their ownership. This disclosure ensures transparency and helps buyers make informed decisions regarding potential maintenance or repair costs. 5. Environmental Hazards: The statement may detail any known environmental hazards associated with the property, such as the presence of asbestos, mold, lead-based paint, radon gas, or underground storage tanks. The disclosure ensures that buyers are aware of any potential risks and can undertake necessary precautions. 6. Legal Disclosures: If there are any legal issues or disputes related to the property (e.g., boundary disputes, easements, encroachments), this section will provide the necessary information and notify potential buyers of these matters. 7. Property History: The statement may include information about the property's history, such as past renovations, additions, or major incidents like floods or fires. This allows buyers to examine the home's background and assess any potential consequences. Different types of Lima Arizona Declaration de Descargo de Responsabilidad y Description de RNA Provided Residential may vary slightly based on specific state regulations or additional local requirements. However, the fundamental purpose remains the same — providing comprehensive information about the residential property and protecting the interests of both buyers and sellers during real estate transactions.
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.
