SELLER’S PROPERTY DISCLOSURE STATEMENT |
 The top of the form identifies the property being sold : |
For property located at:
Legal Description (Lot, block, etc):______________________________
Also know as
street address: _____________________________________________
City, State & Zip:____________________________________________
Seller’s Name:_______________________________________________ |
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| Directions to the Seller are short and simple: |
Notice to Buyer and Seller: This disclosure statement is designed to assist Seller in disclosing to Buyer all known material or adverse facts relating to the physical condition of the Property that are not readily observable. All questions are to be answered completely. If answers are affirmative, please explain in detail in the “Additional Explanations” section. |
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| The first few questions are simple and it never gets more difficult |
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Yes |
No |
Don't Know |
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1. Is property vacant?
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If yes, when last did Seller occupy Property? ____________ |
Are there any written or verbal leases on Property?
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| Most questions are about known problems with the property. Depending on the state there may be questions about Natural Hazards, Special Hazards, and Check Lists.. |
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Know Problems. Example: |
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Yes |
No |
Don't Know |
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| 15. Has there been fire, wind, or flood damage that required repair? |
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| 17. Are you aware of any past or present leaks in the roof? |
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Natural Hazards. Example: |
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Yes |
No |
Don't Know |
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| 36. Is property in an earthquake fault zone? |
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| etc. |
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Special Hazards. Example: |
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Yes |
No |
Don't Know |
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| 38. Is property within one mile of past or present military training facility that may contain potentially explosive munitions? |
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| etc. |
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| Note: "Don't know" is an acceptable answer. The purpose of disclosure is to make the Seller tell what he or she knows, not to force a research project (except in California where the state understandably requires Sellers to find out if their property is in an earthquake zone). |
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| Checklist. Example: |
| ___ Burglar Alarms ___ Fire Alarms ___ Smoke Alarms ___ Dishwasher |
| ___ Satellite Dish ___ Washer/Dryer Hookups |
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| Checklist: The seller simply places a check next to each item that is currently on the property and is included in the sale. |
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| Note: (Megan's Law) Some states require a statement as to how the Buyer can find out if known sexual offenders are residents of the neighborhood. |
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| Forms to cover most of the above are available from Office Max, Staples and other large office supply stores. Our $14.40 set of Real Estate Forms & Contracts includes three forms to cover all of the above, including Megan's law. You can download the set of forms to your computer or we can mail it to your home. |
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| State Specific Real Estate Forms & Contracts: |
| Led by California and Texas, several states now specify special disclosure forms that go beyond the generic forms & contracts available at office supply chains such as Office Depot and Staples. For these states Audrie.com provides special real estate forms designed to meet state requirements. |
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