This form is a Seller's Disclosure Statement for use in a residential sales transaction in Washington. This disclosure statement concerns the condition of property and is completed by the Seller.
Everett Washington Residential Real Estate Sales Disclosure Statement is a crucial document that aims to inform potential buyers about the condition and various aspects of a residential property for sale in Everett, Washington. This disclosure statement is designed to protect both the buyer and seller by ensuring transparency and full disclosure of any known defects or issues related to the property. The Everett Washington Residential Real Estate Sales Disclosure Statement typically covers various key areas, including but not limited to: 1. Property Condition: This section outlines the current condition of the property and includes details about the overall structure, foundation, roofing, plumbing, electrical systems, HVAC (Heating, Ventilation, and Air Conditioning), and any previous or existing damage. 2. Defects and Repairs: Here, any known defects, damages, or required repairs are disclosed. This may include issues such as leaks, mold, pests, or any other structural or functional problems that may affect the property's value or livability. 3. Environmental Hazards: This section addresses the presence or potential presence of environmental hazards like asbestos, lead-based paint, radon, or any other substances that may pose health risks or require mitigation. 4. Zoning and Legal Matters: It provides information regarding the property's zoning designation and any potential restrictions or legal matters that may impact its usage. 5. Homeowners Association (HOA) Details: If the property is part of a homeowners' association, details on membership, fees, rules, bylaws, and other relevant information will be included. 6. Disclosure of Other Material Facts: This section requires disclosure of any other material facts that could potentially impact the buyer's decision, such as pending litigation, neighborhood noise, access easements, or property line disputes. Different types of Everett Washington Residential Real Estate Sales Disclosure Statements may exist based on local regulations or specific property characteristics. Examples of these variations include: 1. Condominium Disclosure Statement: Specifically designed for residential condominium units, this disclosure statement may include additional details about the condo association, amenities, assessments, and rules specific to condominium living. 2. Historic Property Disclosure Statement: Required for properties listed as historical landmarks or located within historic districts, this statement would cover any restrictions, preservation obligations, or renovation limitations imposed by historical preservation authorities. 3. New Construction Disclosure Statement: When purchasing a newly constructed property, this disclosure statement would outline the builder's warranty, any unfinished elements, and other specific considerations related to the new construction process. Overall, the Everett Washington Residential Real Estate Sales Disclosure Statement plays a vital role in ensuring transparency and consumer protection in the residential real estate market. Potential buyers should carefully review this document to make informed decisions about the property's suitability for their needs.Everett Washington Residential Real Estate Sales Disclosure Statement is a crucial document that aims to inform potential buyers about the condition and various aspects of a residential property for sale in Everett, Washington. This disclosure statement is designed to protect both the buyer and seller by ensuring transparency and full disclosure of any known defects or issues related to the property. The Everett Washington Residential Real Estate Sales Disclosure Statement typically covers various key areas, including but not limited to: 1. Property Condition: This section outlines the current condition of the property and includes details about the overall structure, foundation, roofing, plumbing, electrical systems, HVAC (Heating, Ventilation, and Air Conditioning), and any previous or existing damage. 2. Defects and Repairs: Here, any known defects, damages, or required repairs are disclosed. This may include issues such as leaks, mold, pests, or any other structural or functional problems that may affect the property's value or livability. 3. Environmental Hazards: This section addresses the presence or potential presence of environmental hazards like asbestos, lead-based paint, radon, or any other substances that may pose health risks or require mitigation. 4. Zoning and Legal Matters: It provides information regarding the property's zoning designation and any potential restrictions or legal matters that may impact its usage. 5. Homeowners Association (HOA) Details: If the property is part of a homeowners' association, details on membership, fees, rules, bylaws, and other relevant information will be included. 6. Disclosure of Other Material Facts: This section requires disclosure of any other material facts that could potentially impact the buyer's decision, such as pending litigation, neighborhood noise, access easements, or property line disputes. Different types of Everett Washington Residential Real Estate Sales Disclosure Statements may exist based on local regulations or specific property characteristics. Examples of these variations include: 1. Condominium Disclosure Statement: Specifically designed for residential condominium units, this disclosure statement may include additional details about the condo association, amenities, assessments, and rules specific to condominium living. 2. Historic Property Disclosure Statement: Required for properties listed as historical landmarks or located within historic districts, this statement would cover any restrictions, preservation obligations, or renovation limitations imposed by historical preservation authorities. 3. New Construction Disclosure Statement: When purchasing a newly constructed property, this disclosure statement would outline the builder's warranty, any unfinished elements, and other specific considerations related to the new construction process. Overall, the Everett Washington Residential Real Estate Sales Disclosure Statement plays a vital role in ensuring transparency and consumer protection in the residential real estate market. Potential buyers should carefully review this document to make informed decisions about the property's suitability for their needs.
