The content of the disclosure is based on what the seller is aware of at the time. If, after completion of thedisclosure form, the seller discovers a new defect or notices that a previously disclosed condition has worsened, the seller must inform the purchaser, in writing, as soon as practicable […]
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When is the Seller’s Real Property Disclosure (SRPD) due?
The disclosure must be delivered to the buyer at least 10 days prior to conveyance of the property.
Read MoreWho must provide the Seller’s Real Property Disclosure (SRPD)?
The seller must complete the “Seller’s Real Property Disclosure” form, detailing the condition of the property, known defects, and any other aspects of the property which may affect its use or value. A real estate licensee, unless he is the seller of the property, may not complete this form. The […]
Read MoreWhat is the purpose of the Seller’s Real Property Disclosure (SRPD)?
The purpose of the Seller’s Real Property Disclosure form is to make the buyer aware of the overall condition of the property before it is transferred. This disclosure is not a guarantee nor does it take the place of an inspection. In some cases a Seller has never lived on […]
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