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Free
Real Estate Disclosure Form
Selling a house is never a piece of cake, but our real estate
disclosure form will make it easier for you. Read on for our free
sample and must-know tips.
Before
Using Our Real Estate Disclosure Statement, You Should Know These Facts
When
grandpa and grandma were buying their first home dream, they had to
learn a Latin word: "caveat emptor" which translates to "let the buyer
aware". Real estate disclosure was not required or even mentioned much
in
those days. Real estate was sold "as-is" and it was up to the buyer to
unearth all the flaws and hidden skeletons.
Fast forward to today and the tables have turned - "Let the seller
beware" has become the new pet phrase. Nowadays real estate disclosure
forms (also
known as home sellers disclosure form) are often bundled with
the Real Estate Purchase
Contract - Meaning that the seller may well have to reveal all
known physical defects, natural hazards, legal liabilities
and even ghost stories.
1. "Do I need to fill in real estate disclosure forms?" - The answer is
Yes for these 32 states:
Alaska, Arizona, California, Connecticut, Delaware, Georgia, Hawaii,
Idaho, Illinois, Indiana, Iowa, Kentucky, Maine, Maryland, Michigan,
Mississippi, Nebraska, Nevada, New Hampshire, New York, North Carolina,
Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Dakota,
Tennessee, Texas, Virginia, Washington and Wisconsin.
Regardless of which state you are in, lead paint disclosure is a must
if you are selling residential properties built before 1978 - Click here for our Lead Paint
Disclosure Form and Pamphlet.
2. "What are the uglies that I am required to expose in a real estate
disclosure form?"
The answers are all found in the real estate disclosure laws for your
state. The state laws can be anything from a short list of
loose guidelines to strict, specific rules running into tens of pages.
Despite the vast differences, the general rule of thumb is that you are
only responsible for problems within your personal knowledge. What you
don't know, you don't have to disclose.
* Note: While we work hard to make sure that our free real estate
disclosure statement is helpful and updated, you must
edit it according to your own needs and local real estate laws.
Always
seek legal help when in doubt.
Residential Real Estate
Disclosure Form
This statement is a disclosure of the Seller's current knowledge of
the property's condition. This is not a warranty of any kind by the
Seller and is not a substitute for any professional inspections or
warranties that the Buyer may wish to obtain.
Property Address:
______________________________________________________________
Are you aware of any defects / problems with the following items? (Fill
in Y - Yes, N - No or N/A)
HOME FIXTURES / EXTERIOR
[ ] Interior Walls
[ ] Exterior Walls
[ ] Ceiling
[ ] Flooring
[ ] Doors
[ ] Windows
[ ] Basement
[ ] Roofing
[ ] Porch / Deck
[ ] Driveway
[ ] Fences / Boundary Walls
[ ] Sidewalks
ELECTRICAL FIXTURES
[ ] Electrical Switches and Outlets
[ ] Light Fixtures
[ ] Ceiling Fans
[ ] Telephone Jacks and Wiring
[ ] Smoke Alarm(s)
[ ] Burglar Alarm
[ ] Garage Door Opener(s)
[ ] Central Vacuum
[ ] Intercom
[ ] TV Antenna / Satellite Dish
WATER / SEWERAGE SYSTEM
[ ] Plumbing System
[ ] Sewerage System
[ ] Taps / Sinks
[ ] Shower(s)
[ ] Bath Tub(s)
[ ] Washer / Dryer Hookups
[ ] Rain Gutters
[ ] Lawn Sprinklers
[ ] Cistern / Water Storage
[ ] Water Purifier
[ ] Pool
[ ] Pool Equipment
[ ] Well and Pump
HEATING / COOLING SYSTEM
[ ] Central Air Conditioning
[ ] Central Heating
[ ] Gas Fixtures
[ ] Furnace Heater
[ ] Solar Heater
[ ] Wood Stove Heater
[ ] Water Heater(s)
[ ] Fireplace
ELECTRICAL APPLIANCES
[ ] Refrigerator
[ ] Range / Cooking Stove / Oven
[ ] Microwave
[ ] Dishwasher
[ ] Room / Portable Air Conditioner
[ ] Air Purifier
If you answered "Yes" to any of the above, please provide further
explanations and information (You may also attach additional
information to this form):
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
Are you aware of any of the following issues with the property?
(Fill in Y - Yes, N - No or N/A)
[ ] Environmental hazards including but not limited to
lead-based
paint, asbestos, radon gas, methane gas, formaldehyde, fuel / chemical
storage tanks or contaminated water / soil.
[ ] Water seepage, leakage, flooding or water damage.
[ ] Property damage resulting from floods, earthquake,
landslides or fire.
[ ] Drainage, grading or soil stability problems.
[ ] Present infestation of wood-destroying organisms or
damage from past infestation.
[ ] Room additions, structural modifications, repairs or
alterations made without the required permits.
[ ] Violation of building codes, zoning laws or land-use
restrictions.
[ ] Commercial, industrial, military noise or
pollution that may affect the property.
[
] Lawsuits, foreclosures, bankruptcy, liens, government
notices or lease agreements that may affect the property.
[
] Items shared in common with adjoining owners including
but not limited to walls, fences and / or driveways, with joint rights
for use and joint obligations for maintenance.
[ ]
Any common area including pools, tennis courts, walkways or other areas
co-owned in undivided interest with others.
[ ] Property is subject to the conditions or restrictions
of a home owner's association.
If you answered "Yes" to any of the above, please provide further
explanations and information (You may also attach additional
information to this real estate disclosure form):
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
The Seller hereby certifies that the information provided in
this real estate disclosure form is true and correct to the best of
his/her knowledge as of the date signed. Should any of the above
conditions change before the property title is conveyed, these changes
shall be disclosed to the Buyer in addendum to this document.
Seller Name: ______________________________
Seller Signature: ______________________________
Date: _______________
Buyer Name: ______________________________
Buyer Signature: ______________________________
Date: _______________
Return from
Real Estate Disclosure Form to Real
Estate Purchase Agreement Forms
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