Instructions to Owner: (1) Answer ALL questions.
05/18/2016. View disciplinary actions taken against licensees and individuals for violations of the Real Estate Law. How you can complete the Oregon FBO disclosures form online: To get started on the form, utilize the Fill camp; Sign Online button or tick the preview image of the document. CHANGE FORMS SALESPERSON / ASSOCIATE BROKER CHANGE - MAKE CHANGE ONLINE Download. Form LI-216: Entity / Broker Status Change Form.
Description: This disclosure form is required by sellers of previously occupied single family residences and is to be used in conjunction with a contract for the sale of real property entered into on or after September 1, 2019. Tenant Occupied Townhouse in the "McElderry Park" Neighborhood of Baltimore City with 2 bedrooms and 2 full baths. Please use Google Chrome or Internet Explorer for best results. RESIDENTIAL REAL PROPERTY DISCLOSURE ACT SENATE BILL 828 (PUBLIC ACT 88-111) EFFECTIVE OCTOBER 1, 1994 AN ACT relating to disclosure by the seller of residential real property. A real estate broker or licensee also has specific duties outlined in Oklahoma's Condition Disclosure Act.
PROPERTY CONDITION DISCLOSURE STATEMENT (PCDS) THIS FORM MAY BE DUPLICATED BUT IT MAY NOT BE ALTERED OR PERSONALIZED BY THE SELLER(S), ANY BROKERAGE FIRM OR LICENSEE.
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Residential property means any interest in a property or manufactured housing lot, improved by dwelling units for 1-4 families. Real Estate Transfer Disclosure Statement . 4.
You ask Paul to fill out a seller's disclosure form. A non-disclosure agreement (NDA) is a legal contract or part of a contract between at least two parties that outlines confidential material, knowledge, or information that the parties wish to share with one another for certain purposes, but wish to restrict access to. In some states, like California, your real estate agent is not legally allowed to help you fill out the form, so youll need to complete it on your own. A real estate contract, not this disclosure, controls what property transfers from owner to purchaser. Landlord-Tenant Laws of Interest. The following are in the conditions indicated: A.
A property disclosure form is a type of disclosure form that lists all the defects of a building that is up for sale. 04/07/2011. 47E) (Disclosure Act) requires owners of residential real estate (single-family homes, individual condominiums, townhouses, and the like, and buildings with up to four dwelling units) to furnish buyers Exchange Addendum To Contract To Buy And Sell Real Estate Forms Library. 5. M.S.B.A. Short title. A disclosure document in regard to real estate provides details about a property's state of condition and how it might negatively impact the value of REC 4.22 REV 8/21 Page 1 of 4 Instructions to Property Owners 1. Chris Murray, a top-selling real estate agent in Hemet, California, explains how filling out his states disclosure form, called the Transfer Disclosure, works during a home sale. Department of Real Estate or the 16 17 Is the Property located in a communlfr Explain. This form provides the seller a chance to tell the buyer about the condition of the systems, appliances, and general condition of the home.
c. 7C, s. 38 which is reprinted in Section 8 of this Disclosure Statement. Detail The Property Utilities. RT @PaulPsian: What Should Buyers Be Reviewing On The Property Disclosure Form? Landlord-Tenant Laws of Interest. Form LI-219: Branch Office Application Instructions. Property Address (including unit # The house has a brick front; and the backyard has a concrete patio that can be used to park a vehicle. Section (1): Identify the real property, including its street address, and city or town. Tract #2 is a 1.962 +/- acre Get Form Show details. It comes in a PDF format as well. c. 7C, s. 38 which is reprinted in Section 8 of this Disclosure Statement. Serial#: 2016 Florida Realtors 085398-200148-6932601 SPDR-2 Rev 9/16 Seller represents that the information provided on this form and any attachments is accurate and complete to the best of Seller's knowledge on the date signed by Seller. (A) A real estate brokerage firm that provides services through an agency agreement for a client is bound by the duties of loyalty, obedience, disclosure, confidentiality, reasonable care, diligence, and accounting as set forth in this chapter.
7301, et seq.)
The Residential Property Disclosure Act (G.S. If not otherwise noted, forms are Adobe PDFs. By pressing the button directly below, you'll access our PDF editor that will enable you to work with this form quickly. The Real Estate Transfer Disclosure Statement (TDS) describes the condition of a property and, in the case of a sale, must be given to a prospective buyer as soon as practicable and before transfer of title.
Doctorpatient confidentiality (physicianpatient privilege), attorneyclient privilege, priestpenitent privilege Coordination with other disClosure forms This eal r estate transfer disclosure statement is made pursuant to section 1102 of the Civil Code. Flood Risk Information Form (effective Jan. 1, 2022) Virginia Residential Property Disclosure Act This form provides the seller a chance to tell the buyer about the condition of the systems, appliances, and general condition of the home.
Buyers are protected because sellers must disclose, in writing, any known defects of the property. disclosure is required by law to be completed by sellers of real property and given to potential buyers.
The advanced tools of the editor will lead you through the editable PDF template. The Sellers Property Disclosure (SPD) is an important disclosure form for the real estate broker to discuss with their respective client. The advanced tools of the editor will lead you through the editable PDF template. requires that before an agreement of sale is signed, the seller in a residential real estate transfer must disclose all known material defects about the property being sold that are not readily observable . Details.
www.realestatend.org. Scottsdale Arizona Residential Real Estate Sales Disclosure Statement Take full advantage of our comprehensive online template collection to make sure you always can get up-to-date templates that are completely ready for downloading, filling, and signing. 11/10/2021. RESIDENTIAL-SDCL 43-4-44 . Property For Sale: 3 bedroom, 2.5 bath Residential at 46 Malbons Mills Road, Skowhegan, ME 04976 on sale for $42400. Rhode Island: R.I. Real Estate Sales Disclosure Form. Approximate year built: If Propert )lain. The Real Estate Seller Disclosure Law (68 P.S. Seller authorizes listing broker to provide this disclosure statement to real estate licensees and prospective buyers of the Property. Nevada Real Estate Division Page 4 of 5 Replaces all previous versions Seller Real Property Disclosure Form 547 Revised 11/ 9 /2021 Buyers and sellers of residential property are advised to seek the advice of an attorney concerning their rights and unless the real estate contract states otherwise.
Original Broker Verification(s) Form (LI-226) - for Brokers only; Disclosure Documentation* (if applicable) Certificate for Contract Writing or Broker Management Clinic: Property management is real estate activity involving the management by written agreement of an individuals rental properties for compensation.
Further, sometimes a seller believes that the form is not required for the real estate. Form LI-216: Entity / Broker Status Change Form. The form must be filled out completely and honestly.
The South Carolina Code of Laws (Title 27, Chapter 50, Article 1) requires that an owner of residential real property (single completed and signed disclosure statement prior to forming a real estate contract. The property that is not considered real estate or Real Property is considered personal property and divided into two distinct categories, tangible and intangible. Tangible personal property includes items that you can touch with intangible abstract. OWNER INSTRUCTIONS. form 108 (05/2022) copyright illinois realtors page 1 of 4. illinois realtors residential real property disclosure report (765 ilcs 77/35) notice: the purpose of this report is to provide prospective buyers with information about material defects in the residential real property before the signing of a contract. Form LI-213: Entity / Employing Broker Name Reservation Request. You are required to identify and disclose any problems regarding the subject property. A purchaser would not reasonably be expected to ascertain or observe by a careful visual inspection of the real property; and. A sellers property disclosure form is governed by state and federal laws.
This form can have important legal consequences. Form Name: Seller's Disclosure Notice (Form ID: OP-H) Effective Date: 09/01/2019. Form LI-219: Branch Office Application Instructions.
of the Code of Virginia) governs the information owners must disclose to prospective purchasers of residential real property.Certain residential property transfers are excluded from the requirements (see 55.1-702).The information below is found in 55.1-703): Both the seller and listing broker have obligations concerning the use of this form, and the buyer and buyers broker need to have an understanding of what this form represents by way of disclosures. An owner must complete and sign the disclosure form and submit the form to a prospective buyer before an offer is accepted for the sale of the real estate. S. 47E requires owners of residential real estate (single-fa mily homes and buildings with up to four dwelling units) to fu rnish purchasers a property disclosure statement.
If you are selling your home without an agent you are required to use the following state-mandated forms: The seller of any residential real property must furnish the buyer with the above form, which lists the condition of the property and any known defects in the property. Department of Real Estate or the 16 17 Is the Property located in a communlfr Explain. The parties to a seller disclosure agreement are the seller of the real property and prospective buyer.
Whether you're a buyer or a seller, disclosures are a key part of your real estate transaction. If there is no street address then identify the property in some other manner such as the nearest cross street and its tax assessors parcel number.
Broker Experience Form. Important to both Buyer and Seller, a Property Disclosure Statement (or PDS) is meant, in part, to protect the Seller. 3. An owner must complete and sign the disclosure form and submit the form to a prospective buyer before an offer is accepted for the sale of the real estate. All forms are PDF files and are fillable in Adobe. Forms can be signed electronically. 15 (2005, 2016, 2017) PAGE 3 of 11 CONDITION OF THE PROPERTY 32 33 SELLERS DISCLOSURE OF CONDITIONS 34 CONTRADICTORY TO THE INSPECTION REPORT 35 36 If a copy of the inspection report has been provided to Seller, Seller discloses to Buyer material facts 37 known by Seller that contradict any information included in
PDF. If there is no street address then identify the property in some other manner such as the nearest cross street and its tax assessors parcel number.
Real Estate Selling Homeowners MUST complete: Residential Property Disclosures Acknowledgement Form ; Important Information for Purchasers. The Real Estate Transfer Disclosure Statement (TDS) describes the condition of a property and, in the case of a sale, must be given to a prospective buyer as soon as practicable and before transfer of title. MLS# 1534229.
(3) Attach For real estate licensee applications, please see our Applications for Licensing page. REAL ESTATE SELLER DISCLOSURE LAW 68 Pa.C.S. APPLIANCES C. WATER & SEWER SYSTEM Real Estate Laws and Regulations. The Real Estate Seller Disclosure Form 17 is a legal document that discloses information about the property you are selling to potential buyers. NEW! Form LI-218: Cancel License Voluntarily. Property address (number and street, city, state, and ZIP code) 1. Owner should provide a signed copy to the purchaser and keep a copy signed by the purchaser. We recommend reaching out to a local real estate agent or attorney for those forms. A purchaser would not reasonably be expected to ascertain or observe by a careful visual inspection of the real property; and. A sellers property disclosure form is governed by state and federal laws. https://www.zillow.com/sellers-guide/what-does-disclosure-mean
RESIDENTIAL-SDCL 43-4-44 .
Seller's Disclosure Notice Concerning the Property at This form was prepared by the Texas Real Estate Commission in accordance with Texas Property Code 5.008(b) and is to be used in conjunction with a contract for the sale of real property entered into on or after September 1, 2019.
Per the seller: the property was fully gutted and renovated in 2007; a new heating unit was installed in March 2018; property has a long term
If you need additional space to complete any answer or explanation, attach additional page(s) to this form.
Property Disclosure Form. This Residential Property Disclosure Form contains form fields that ask for the property's legal description, property address, disclosure statement, questions about the property and its surroundings, and the acknowledgment section where the owner and buyer can confirm the document by signing it.
The Property Condition Disclosure Act requires the seller of residential real property to cause this disclosure statement or A knowingly false or incomplete statement by the seller on this form may subject the seller to claims by the buyer prior to or after the transfer of title.
Owner Property Tenant Information Pdf Property Management Rental Property Management Management Books Maine Lead Based Paint Disclosure Form Download Free Printable Legal Rent And Lease Template Form In Different Editable Format Templates 500, No.
The information contained in this disclosure form does not limit the obligation of the owner to disclose an item of information that is required by any other statue or law to be disclosed in the transfer of residential real estate. APPLIANCES C. WATER & SEWER SYSTEM Real Estate Relationship Disclosure. page 1 Of 7 is in a subdivision, a subdivision public at the time the subdivision was approved, may
Theres so much to know when youre looking to purchase real estate. Last revised 10/2/17. Both the seller and listing broker have obligations concerning the use of this form, and the buyer and buyers broker need to have an understanding of what this form represents by way of disclosures. Effective until September 30, 2019 - Residential Property Condition Disclosure form.
Self-schedule / reschedule an examination date, print a license certificate, renew a license, change of address. contained in this disclosure form does not limit the obligation of the owner to disclose an item of information that is required by any other statute or law to be disclosed in the transfer of residential real estate. You ask Paul to fill out a seller's disclosure form. Approximate year built: If Propert )lain. Property address (number and street, city, state, and ZIP code) 1.
File Format. In the case of a transfer by a real property sales contract (as defined in Civil Code As a seller, you must disclose this information by completing a written disclosure statement and giving it to the buyer. Were here to help you every step of the way and will make sure that youre fully compliant with all state and federal laws when selling your home in Georgia. This is the Broke Experience form that must be completed for all Arkansas Residents that are applying to be a Broker. PROPERTY CONDITION DISCLOSURE 193E14.1(543B) Property condition disclosure requirement.
Instructions for the Broker Experience Form. SELLERS PROPERTY CONDITION DISCLOSURE STATEMENT .
One of those forms is entitled Seller Property Disclosure. Instant access to fillable Microsoft Word or PDF forms.
Form LI-555 only applies when submitting a late renewal application, and/or when real estate activities have been conducted while not properly licensed pursuant to A.A.C.
A seller's disclosure form is a legally required statement that discloses important or relevant information to a real property buyer. The disclosure must be made on this Report, which has been approved by the Delaware Real Estate Commission, and shall be updated as necessary for any material changes occurring in the property before final settlement.
MARYLAND RESIDENTIAL PROPERTY DISCLOSURE STATEMENT The Arkansas Realtors Association has developed the real estate forms and contracts that are used in most residential real estate transactions in Arkansas.
Current Processing Download Form. In the case of a transfer by a real property sales contract (as defined in Civil Code
The Sellers Property Disclosure (SPD) is an important disclosure form for the real estate broker to discuss with their respective client. Get complete property information, maps, street view, schools, walk score and more. (1) In a transaction for the sale of improved residential real property, the seller shall, unless the buyer has expressly waived the right to receive the disclosure statement under RCW 64.06.010, or unless the transfer is otherwise exempt under RCW 64.06.010, deliver to the buyer a completed seller disclosure statement in the following format and that contains, at a minimum, the 402-Seller's Disclosure of Property Conditions - 374K. disclosure is required by law to be completed by sellers of real property and given to potential buyers. Section (1): Identify the real property, including its street address, and city or town. Although many people actually use it as a basic rental agreement , it's not really meant to be a rental agreement or rental application, but is a pre-contract form used as a binder receipt to show an offer has been made with an earnest money deposit. disclosure requirements of AS 34.70.010 AS 34.70.200. 2021.06.10. The Real Estate Seller Disclosure Law outlines 10 exceptions to using the Sellers Property Disclosure Statement.
PDF. eLicensing.
page 1 Of 7 is in a subdivision, a subdivision public at the time the subdivision was approved, may Form LI-219: Branch Office Application. The Virginia Residential Property Disclosure Act ( 55.1-700 et seq. Largest forms database in the USA with more than 80,000 federal, state and agency forms. Listed by RealHome Services and Solutions Inc. The Sellers Property Disclosure is an important disclosure form for the real estate broker to discuss with their respective client. Real Estate Selling Homeowners MUST complete: Residential Property Disclosures Acknowledgement Form ; Important Information for Purchasers. The following are in the conditions indicated: A. MARYLAND RESIDENTIAL PROPERTY DISCLOSURE STATEMENT Property disclosure statements essentially outline any flaws that the home sellers (and their real estate agents) are aware of that could negatively affect the homes value. Residential Property Disclosure Statement (effective Jan. 1, 2022) NEW! SELLERS PROPERTY CONDITION DISCLOSURE 2021 1 . By completing the PDS form (residential, strata and rural land), a Seller is able to disclose (in writing) all relevant facts about the property. Request additional information, schedule a showing, save to your property organizer. The second article, titled II. Form LI-219: Branch Office Application.
2. Flood Risk Information Form (effective Jan. 1, 2022) Virginia Residential Property Disclosure Act (C.A.R. Real Property Form No. This is the How To Document for the Brokers Experience Form.
Forms.
known physical condition of the property. The Seller agrees to notify the Listing Broker promptly of any changes in the information and this form will be appropriately changed with an amendment date. Please carefully read M.G.L. Hide details. This property is comprised of 3 tax map parcels and is being offered in two separate tracts. In February 2022, a new Multi-Unit Real Estate Sales Disclosure and a Multi-Unit Addendum were released for multi-unit properties. florida real estate disclosure form florida real estate disclosure form. with a lead-based paint disclosure form. Real estate brokerage firm duties to client; agency relationship; applicability of common law. Residential Property Disclosure Statement (effective Jan. 1, 2022) NEW! As public records, contract forms adopted by the Texas Real Estate Commission are available to any person. krec.ky.gov.
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However, TREC contract forms are intended for use primarily by licensed real estate brokers or sales agents who are trained in their correct use. This disclosure is provided to you, the consumer, by the real estate licensee listed in this disclosure. Real estate economics is the application of economic techniques to real estate markets.It tries to describe, explain, and predict patterns of prices, supply, and demand.The closely related field of housing economics is narrower in scope, concentrating on residential real estate markets, while the research on real estate trends focuses on the business and structural changes affecting
The parties to a seller disclosure agreement are the seller of the real property and prospective buyer. Photos and Property Details for 103 PALM BEACH DRIVE, PANAMA CITY BEACH, FL 32413. Kentucky Real Estate Commission Mayo-Underwood Building 500 Mero Street 2NE09 Frankfort, KY 40601 Disclosure Forms. North Dakota Real Estate Commission . Buying Real Estate ForeclosuresWest Virginia Real Estate BasicsSouth Dakota Real Estate BasicsRadon Awareness and DisclosureNext Generation Real EstateFlorida Real Estate Continuing Education: the FLA.CE ProgramPrinciples of Real Estate Practice in Maryland: 1st EditionReal Estate Exam PrepTennessee Real Estate BasicsPublic Act 95-311, an Act 2. All forms can be submitted electronically via email (krec@ks.gov) or fax (785-296-1771).
Form LI-213: Entity / Employing Broker Name Reservation Request. How you can fill out the Get And Sign SELLER IS PROPERTY DISCLOSURE Maine REval Estate Form online: To begin the blank, utilize the Fill camp; Sign Online button or tick the preview image of the document.
Minimize the risk of using outdated forms and eliminate rejected fillings. UNK means Unknown, N/A means Not Applicable. Please carefully read M.G.L.
Box 94667 Lincoln, NE 68509-4667 Phone (402) 471-2004 Fax (402) 471-4492 realestate.commission@nebraska.gov You will likely, however, need to do some detective work or get some expert opinions in order to find out what the seller actually knew. A seller who claimed no knowledge of a problem on the disclosure statement is likely to stick to that story later. with a lead-based paint disclosure form. Before selling residential property in Michigan, a seller is required by law to tell the prospective buyer certain things about the property's physical condition. The Seller is required to disclose defects or other conditions in the real property or the real property interest being transferred. known physical condition of the property. Seller Property Condition Disclosure Statement Form - EFFECTIVE JANUARY 1, 2017 301 Centennial Mall South P.O.
Effective until September 30, 2019 - Residential Property Condition Disclosure form. 403-Seller Initiated Listing Form - 222K. 2.
Instructions to Owner: (1) Answer ALL questions. A seller's disclosure form is a legally required statement that discloses important or relevant information to a real property buyer. RESIDENTIAL PROPERTY CONDITION DISCLOSURE STATEMENT. Form LI-218: Cancel License Voluntarily. 401-Agency Consent Agreement- Buyer - 239K.
SELLERS PROPERTY CONDITION DISCLOSURE STATEMENT . (A.R.S. All disclosures made in this statement are required to be made in good faith (AS 34.70.060) . Real Estate Laws and Regulations.
Would pose a direct threat to the health or safety of: (i) the purchaser; or (ii) an occupant of the real property, including a tenant or invitee of the purchaser. Enter your official identification and contact details.
Water Supply, We are offering at online auction the real estate and improvements located at 527 Burkes Mill Rd, Mt Sidney VA 24467. other statutes require disclosures, depending upon the details of the particular real estate transaction (for example: special study zone and purchase-money liens on residential property). Although these disclosures are required by law and you should engage a real estate broker or attorney, the disclosures that cause lawsuits are the ones related to leaks and other water-related problems (i.e. PROPERTY CONDITION DISCLOSURE STATEMENT (PCDS) THIS FORM MAY BE DUPLICATED BUT IT MAY NOT BE ALTERED OR PERSONALIZED BY THE SELLER(S), ANY BROKERAGE FIRM OR LICENSEE. Your real estate licensee cannot complete this form on your behalf.
(This comes from the Michigan Seller Disclosure Act .) What potential buyers need to know about your homeDeath in the Home. Some buyers have concerns or superstitions about purchasing a home in which someone has died. Neighborhood Nuisances. A nuisance is often a noise or odor from a source outside the property that could irritate the propertys occupants.Hazards. Homeowners' Association Information. Repairs. Water Damage. Missing Items. More items Section 1. Both the seller and listing broker have obligations concerning the use of this form, and the buyer and buyers broker need to have an understanding of what this form represents by way of disclosures. REAL ESTATE TRANSFER DISCLOSURE STATEMENT (CALIFORNIA CIVIL CODE 1102, ET SEQ.)
On July 1, 1993, the Ohio Residential Property Disclosure Law (ORC Section 5302.30) went into effect.
Similar versions of this form are used by landlords and real estate agents across the US. This form can have important legal consequences. What does disclosure mean in real estate?What does disclosure mean in real estate?What does it mean to require disclosure?What do buyers have to disclose?What is the purpose of disclose?What is included in disclosure?What is mean by disclose?What do you need to know about financial disclosures?Is the seller required to disclose the condition of the property?More items lent in Real Property Tax Act (FIRPTA)?
The current form went into effect in 2013. PDF. Nine out of 10 times, the intention is to show the property at its best. 32-2171)
Include DSC-1000A: Real Estate Brokerage Relationship Disclosure. Real Estate Continuing Education Renewal Application 03/24/2021: 2: 648: Retention of Real Estate Education Records 03/20/2017: 1: 740: Real Estate Classroom Attendance Verification Report (Note: This is an Excel spreadsheet. SELLER IS DISCLOSURE STATEMENT The following is a Disclosure Statement, made by the Seller, concerning the condition of the property located at:. Form LI-214 and LI-244: Disciplinary Action Disclosure.
This form is the only one approved for this purpose. When listing property, Realtors strongly encourage all sellers to complete the Seller Property Disclosure form. The Seller authorizes the Listing Broker in this transaction to disclose the information in this statement to other real estate licensees and to prospective buyers of this property.
This Act may be cited as Would pose a direct threat to the health or safety of: (i) the purchaser; or (ii) an occupant of the real property, including a tenant or invitee of the purchaser. The real estate brokerage referral business, commonly called a Limited Function Referral Office (LFRO), must have a business entity brokerage license because the business is assisting in procuring property or clients to effect the sale, exchange, or lease of real estate [TRELA 1101.001(A)(viii) and (ix)]. Most states require sellers to file a disclosure report before a real estate transaction is completed. 217 W. Missouri Ave. - A seller's real estate broker is required to obtain the disclaimer statement or the disclosure statement from the seller as well as any amendments the This real estate disclosure form may be used by the seller of a property and is directed at the person he or she is renting the property to.
Enter your official contact and identification details. CSX Real Estate Whether you're in the market to buy or lease property, find land for business development opportunities, use CSX's rail corridor for utilities, manage existing property agreements, discuss code enforcement, request maps or request private road crossings or Rails to Trails, CSX real estate professionals can help. To comply, (2) Report known conditions affecting the property. This form helps buyers to avoid the liability that comes with purchasing a defective property without forehand knowledge. If the transaction does not fit one of the exceptions, the sellers disclosure is required. Tract #1 is two tax map parcels totaling 8.795 +/- acres improved by a 2 bedroom 1 bath home, detached garage, barn, and numerous outbuildings.
Real Estate Transfer Disclosure Statement . 401-Agency Consent Agreement- Seller - 234K. R4-28-303).
lent in Real Property Tax Act (FIRPTA)? this report does not limit the
If you have any questions about Georgias disclosure requirements or would like our help in drafting your disclosures, dont hesitate to call us at 404-941-4894. Texas Real Form LI-214 and LI-244: Disciplinary Action Disclosure.
SELLERS PROPERTY CONDITION DISCLOSURE 2021 1 . THE TIME WHEN THE LICENSEE MUST PROVIDE THIS NOTICE TO THE CONSUMER: All real estate licensees must present this form to you at the first personal meeting with you to discuss a specific residential property. Sellers Property Disclosure Form . A real estate or property disclosure statement is a legally binding document through which the vendor informs the purchaser about any present or potential flaws or defects in the property.