Property Condition Disclosure Statement: Fill & Download for Free

The Residential Property Disclosure Act (G.S. 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 a Residential Property and Owners’ Association Disclosure Statement (“Disclosure Statement”). This form is the only one approved for this purpose. A disclosure statement must be furnished in connection with the sale, exchange, option, and sale under a lease with an option to purchase where the tenant does not occupy or intend to occupy the dwelling. A disclosure statement is not required for some transactions, including the first sale of a dwelling which has never been inhabited and transactions of residential property made pursuant to a lease with the option to purchase where the lessee occupies or intends to occupy the dwelling. For a complete list of exemptions, see G.S. 47E-2. 2. You must respond to each of the questions on the following pages of this form by filling in the requested information or by placing a check (√) in the appropriate box. In responding to the questions, you are only obligated to disclose information about which you have actual knowledge. a. If you check "Yes" for any question, you must explain your answer and either describe any problem or attach a report from an attorney, engineer, contractor, pest control operator or other expert or public agency describing it. If you attach a report, you will not be liable for any inaccurate or incomplete information contained in it so long as you were not grossly negligent in obtaining or transmitting the information. b. If you check “No,” you are stating that you have no actual knowledge of any problem. If you check "No" and you know there is a problem, you may be liable for making an intentional misstatement. c. If you check "No Representation,” you are choosing not to disclose the conditions or characteristics of the property, even if you have actual knowledge of them or should have known of them. d. If you check "Yes" or "No" and something happens to the property to make your Disclosure Statement incorrect or inaccurate (for example, the roof begins to leak), you must promptly give the buyer a corrected Disclosure Statement or correct the problem. 3. If you are assisted in the sale of your property by a licensed real estate broker, you are still responsible for completing and delivering the Disclosure Statement to the buyers; and the broker must disclose any material facts about your property which he or she knows or reasonably should know, regardless of your responses on the Disclosure Statement. 4. You must give the completed Disclosure Statement to the buyer no later than the time the buyer makes an offer to purchase your property. If you do not, the buyer can, under certain conditions, cancel any resulting contract (See "Note to Buyers" below). You should give the buyer a copy of the Disclosure Statement containing your signature and keep a copy signed by the buyer for your records.For more information visit on Property Consultant in Noida & Delhi NCRor contact +91 8010 272 272

New York Assembly Bill A01466 (2011)Introduced in January of 2011, Assembly Bill A01466 is titled "An act to amend the public housing law, the public health law, and the real property law, in relation to the remediation and prevention of indoor mold and requiring the disclosure of indoor mold history upon the sale of certain real property."The bill is intended to set standards and practices for the handling of indoor mold in both real property and public housing. It includes three major specific provisions:Section 1 amends the public housing law by adding section 16-a, which directs and authorizes the commissioner to create procedures for the remediation and prevention of mold.Section 2 amends the public health law by adding article 48-A, which authorizes the commissioner to publicize standards in the detection, prevention, and remediation of indoor mold within environments subject to the rules of the department.Section 3 amends subdivision 2 of section 462 of the real property law, as added by chapter 456 of the laws of 2001, by adding questions 19-a and 19-b, which pertain to indoor mold, to the Property Condition Disclosure Statement.New York Public Health Law Section 1384 (2005)Article 13, Title 11-A, Section 1384 of the Laws of New York was passed in 2005. The law formed the New York Toxic Mold Task Force with the following duties:(a) assess, based on scientific evidence, the nature, scope and magnitude of the adverse environmental and health impacts caused by toxic mold in the state;(b) measure, based on scientific evidence, the adverse health effects of exposure to molds on the general population, including specific effects on subgroups identifiable as being at greater risk of adverse health effects when exposed to molds;(c) identify actions taken by state, and local governments, and other entities;(d) assess the latest scientific data on exposure limits to mold in indoor environments;(e) determine methods for the control of mold inspection cost-effective and environmentally sound manner and identify measures to mitigate mold; and(f) prepare a report to the governor and the legislature that assesses the current body of knowledge on toxic mold, provides the status of toxic mold in the state, and assesses the feasibility of any further actions to be taken by the legislature or state agencies as recommended by the task force.”you can also try this app and connect our teamMold Evaluator - Android Apps on Google Play

Just what would you be suing the builder for? It’s not illegal to build on a flood plain. Most of the US East Coast is built on one flood plain or another. We’re not suing the Indians because they sold Manhattan…You can buy flood insurance; you can elevate your house above the most likely flood stage, and you can understand exactly how water might reach your property under what storm conditions.You might also read your mortgage document package and discover whether you acknowledged being told that your house was in a particular area. I wouldn’t be surprised to find some disclosure statement to that effect. In particular, I would want to read all of those documents with my name on them before I thought about hiring someone who would charge $300/hour to read them for me.