ALLEN TURNER (REDZONE ADVISORS)

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Rainmaker
3,405,185
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

It is a very beneficial form, because the more a seller discloses the less likelihood that there will be ill will from the buyers. In California you can never disclose too much, but what do I know. IF you think it is unnecessary disclosures remember CAR came up with a form with numerous attorneys putting their heads together to protect all parties...

Jan 13, 2017 07:09 PM
Rainmaker
3,066,356
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Endre Barath, Jr. nailed this one!

Jan 14, 2017 04:05 AM
Ambassador
4,306,997
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

ALLEN TURNER - believe me, disclosures are good for sellers! Saves them future lawsuits.

Jan 13, 2017 09:33 PM
Rainmaker
4,926,446
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Allen,

Endre Barath, Jr. answered you perfectly.  A

Jan 13, 2017 08:34 PM
Ambassador
4,254,655
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

I'm with Endre Barath, Jr.  on this. I think it's a good form to have completed by the seller, and that can be requested in the offer

Jan 13, 2017 08:17 PM
Rainmaker
1,356,571
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Endre Barath, Jr. has your answer.

Jan 14, 2017 06:08 AM
Rainmaker
3,680,062
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

 When in doubt, disclose.  Repeat as necessary.  And it's always necessary.   

Jan 14, 2017 05:16 AM
Ambassador
2,209,980
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Endre Barath, Jr. seems to have the answer for you. 

Jan 14, 2017 08:04 PM
Rainmaker
2,887,096
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Oh boy ... I would not even go there with "unnecessary disclosures."  Are you kidding me?  The more disclosures provided the better for the seller and the potential buyer.  Over 80% of the post closing lawsuits in CA are the result of failure to disclose. 

I highly recommend that you take contract training courses. 

Jan 14, 2017 11:05 AM
Rainmaker
813,014
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

As litigious as CA consumers are? Write a War and Peace of disclosures. ESPECIALLY if the agent is a principal or has a non-arm's length relationship to the seller. "Known, should have known or facts that could have been reasonably discovered." is the measure here in Arizona and we are very similar to California in practice.
There is no good to be served by concealing any material facts on a technicality. As a broker my primary consideration is to stay the hell out of the courtroom.
Before taking/marketing the listing, we research the property carefully enough with public records to eliminate any seller amnesia. ;)

Jan 14, 2017 04:36 AM
Rainmaker
590,099
Tony Lewis
RE/MAX of Valencia (Hall of Fame) 30 year Valencia Resident - Valencia, CA
Summit Real Estate Santa Clarita & OC Laguna Nigel

It is not required by law and an escrow can close without it.  The burden is on the agent and their company to disclose that it should have been disclosed to their client.

Jan 13, 2017 05:03 PM
Rainmaker
1,506,571
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

I always use SPQ along with many other disclosures. 

Your TC or your broker will provide you with a list of forms you have to get ready. As far as I know, even we all use CAR forms, different brokers require different sets. 

Jan 14, 2017 10:59 PM
Rainmaker
779,015
Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

Perplexed that a CA Broker would be asking this!!

Jan 14, 2017 06:58 PM
Rainmaker
1,307,202
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Please go to CAR.org and look up the residential sales disclosure forms.

They have a listing of which ones are required and when.

Jan 14, 2017 05:24 PM
Rainmaker
5,890,764
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

I will have to rely upon the advice of others.

Jan 14, 2017 04:41 AM
Rainmaker
1,157,329
FN LN
Toronto, ON

We have similar issues in my jurisdiction.

Jan 14, 2017 01:25 AM
Rainmaker
1,092,491
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Optional.....I think

broker dependent.

Jan 13, 2017 06:16 PM
Ambassador
3,306,357
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I know if you have this form today, we will be required to have it next year...

Jan 13, 2017 06:00 PM
Rainer
2,900
Susan Bastajian
Coldwell Banker Residential Real Estate - Pace, FL
Realtor-Serving Pace & Surrounding Areas.

Only CAR.

Jan 14, 2017 10:03 PM
Ambassador
4,761,666
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Lots of laws and lawsuits in CA.

Jan 14, 2017 08:58 PM
Rainmaker
4,432,941
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Good luck.

Jan 14, 2017 06:16 PM
Ambassador
2,469,292
Fred Griffin Tallahassee Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

  Disclose, disclose, disclose!  It will shield the Seller and the Realtors.

Jan 14, 2017 05:30 PM
Rainmaker
1,592,646
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

AS Endre Barath, Jr. stated and I always repeat to my clients, if you don't know they answer, then indicate that, do not guess.

Jan 14, 2017 10:08 AM
Rainer
2,278
ALLEN TURNER
REDZONE ADVISORS - Santa Monica, CA

all the comments are interesting, but agents appear to be worried about lawsuits, protecting their own interests. Not all events are material, such as a fire when a house has been completely remodeled. My friend is going through a transaction looking for legal protection. these disclosure forms are prepared by sellers and specifically indicate agents not responsible. Agents dont push the envelop whatsoever on how forms should be completed. My friend wrote on the SPQ to best of knowledge, and within last ten years, no such events. if a prior owner 20 years ago had a fire, such would still be disclosed using these CAR forms. is such material? wheteher fire or death? no according to Calif law. All his questions had to be answered by in house legal because neither agent or broker knew how to approach except to say disclose. none of these are material, and an atty would not sue in such a case. i guess all agents need insurance and as the TDS and SPQ indicate, agent not a lawyer and should not advise on completing this form. very tricky.

Jan 14, 2017 06:29 AM
Rainmaker
4,798,831
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good question for California folks.  I haven't a clue.

Jan 14, 2017 06:11 AM