Form B Disclosure Questionnaire - Ohio

What Is Form B?

This is a legal form that was released by the Ohio Department of Administrative Services - a government authority operating within Ohio. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is a Form B Disclosure Questionnaire?
A: A Form B Disclosure Questionnaire is a document used in the state of Ohio to gather information about a buyer's financial situation and ensure that they have the means to purchase a property.

Q: Who completes the Form B Disclosure Questionnaire?
A: The buyer of a property in Ohio completes the Form B Disclosure Questionnaire.

Q: What information is included in the Form B Disclosure Questionnaire?
A: The Form B Disclosure Questionnaire includes information about the buyer's income, employment, assets, and liabilities.

Q: Why is the Form B Disclosure Questionnaire important?
A: The Form B Disclosure Questionnaire is important because it allows the seller to assess the buyer's financial position and determine if they are capable of purchasing the property.

Q: When should the Form B Disclosure Questionnaire be completed?
A: The Form B Disclosure Questionnaire should be completed as soon as possible after the buyer makes an offer on a property.

Q: Is the Form B Disclosure Questionnaire legally binding?
A: No, the Form B Disclosure Questionnaire is not legally binding. It is simply a tool used to gather information about the buyer's financial situation.

Q: Can the seller deny an offer based on the Form B Disclosure Questionnaire?
A: Yes, the seller can deny an offer if they determine that the buyer's financial situation is not sufficient to purchase the property.