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Seller's Property Disclosure Form - North Dakota
Seller's Property Disclosure Form is a legal document that was released by the North Dakota Real Estate Commission - a government authority operating within North Dakota.
FAQ
Q: What is a Seller's Property Disclosure Form?
A: A Seller's Property Disclosure Form is a document that outlines the condition and history of a property being sold.
Q: Why is a Seller's Property Disclosure Form important?
A: A Seller's Property Disclosure Form is important because it provides important information about the property's condition, repairs, and any known issues.
Q: Who is responsible for filling out the Seller's Property Disclosure Form?
A: The seller of the property is responsible for filling out the Seller's Property Disclosure Form.
Q: What information is typically included in a Seller's Property Disclosure Form?
A: Information typically included in a Seller's Property Disclosure Form may include the age of the property, known defects, past repairs, and any environmental hazards.
Q: Is a Seller's Property Disclosure Form required in North Dakota?
A: Yes, a Seller's Property Disclosure Form is required in North Dakota.
Q: What happens if a seller fails to disclose information on the Seller's Property Disclosure Form?
A: If a seller fails to disclose information on the Seller's Property Disclosure Form, they may be held liable for any undisclosed issues or defects.
Q: Can a buyer request additional inspections or information after reviewing the Seller's Property Disclosure Form?
A: Yes, a buyer can request additional inspections or information after reviewing the Seller's Property Disclosure Form.
Q: Should a buyer rely solely on the Seller's Property Disclosure Form?
A: No, a buyer should also conduct their own inspections and due diligence before making a decision to purchase a property.
Q: Can a buyer back out of a purchase agreement based on information disclosed in the Seller's Property Disclosure Form?
A: Yes, a buyer may be able to back out of a purchase agreement based on information disclosed in the Seller's Property Disclosure Form.
Form Details:
- Released on July 31, 2019;
- The latest edition currently provided by the North Dakota Real Estate Commission;
- Ready to use and print;
- Easy to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a printable version of the form by clicking the link below or browse more documents and templates provided by the North Dakota Real Estate Commission.
Download Seller's Property Disclosure Form - North Dakota
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