Arizona Spds / Clue Waiver Form - Arizona

The Arizona Spds/Clue Waiver Form is used for obtaining insurance premiums and claims history reports for properties in Arizona.

The Arizona Spds/Clue Waiver Form in Arizona is typically filed by the buyer or the buyer's representative in a real estate transaction.

FAQ

Q: What is the Arizona Spds/Clue Waiver Form?
A: The Arizona Spds/Clue Waiver Form is a document that allows a homebuyer to waive their right to receive a copy of the Seller's Property Disclosure Statement (SPDS) and the Comprehensive Loss Underwriting Exchange (CLUE) report for a property in Arizona.

Q: What is the Seller's Property Disclosure Statement (SPDS)?
A: The Seller's Property Disclosure Statement (SPDS) is a document in Arizona that provides information about the condition of a property being sold by a homeowner.

Q: What is the Comprehensive Loss Underwriting Exchange (CLUE) report?
A: The Comprehensive Loss Underwriting Exchange (CLUE) report is a database that contains information about insurance claims made on residential properties.

Q: Why would someone want to waive their right to receive the SPDS and CLUE report?
A: A homebuyer may choose to waive their right to receive the SPDS and CLUE report if they are not concerned about the property condition or insurance claim history.

Q: Is it a good idea to waive the SPDS and CLUE report?
A: Whether or not it is a good idea to waive the SPDS and CLUE report depends on the individual's comfort level and risk tolerance. It is recommended to consult with a real estate professional before making this decision.