Transfer Disclosure Statement Clause Samples
Transfer Disclosure Statement. In accordance with State law, it is required that the Seller complete the Transfer Disclosure Statement. Seller agrees to complete the Transfer Disclosure Statement to the best of their ability and provide true, factual, and accurate information. The Agency shall be required to disclose any information provided in the Transfer Disclosure Statement to any prospective Buyer or their agent including facts that may materially affect the value of the Property.
Transfer Disclosure Statement. Under AS 34.70.120 the first transfer of an interest in residential real property that has never been occupied is exempt from the requirement for the Seller to complete the State of Alaska residential Real Property Transfer Disclosure Statement.
Transfer Disclosure Statement. Buyer hereby waives the right to receive a Real Property Transfer Disclosure Statement (“Disclosure Statement”) concerning the Property and also waives the right to rescind the transaction because no Disclosure Statement was provided to buyer, and acknowledges that no Disclosure Statement will be provided to Buyer.
Transfer Disclosure Statement. You must timely prepare and deliver to the Potential Buyer, among other things, a Real Estate Transfer Disclosure Statement (“TDS”), and a Natural Hazard Disclosure Statement (“NHD”). You have a legal obligation to honestly and completely fill out the TDS form in its entirety. Many local entities or organizations have their own supplement to the TDS that you may also be asked to complete. The NHD is a statement indicating whether your Property is in certain designated flood, fire or earthquake/seismic hazard zones. Third-party professional companies can help you with this task. The TDS provides a place for you to specify environmental hazards of which you are aware (e.g., asbestos, radon gas, lead-based paint, formaldehyde, fuel or chemical storage tanks, contaminated soil or water, etc.). If you provide the Prospective Buyer with the pamphlet entitled, “Environmental Hazards: A Guide for Homeowners, Buyers, Landlords, and Tenants,” you will not be required to furnish more information concerning such hazards unless you have actual knowledge of the existence of an environmental hazard on or affecting the Property.
Transfer Disclosure Statement. Buyer acknowledges that as Seller is a Personal Representative of an estate, Seller is not required to provide a Real Property Transfer Disclosure Statement (“Disclosure Statement”) concerning the Property pursuant to RCW Chapter 64.06, and that no Disclosure Statement will be provided to Buyer.
