3,349,554
Disclose what is known to the best of the sellers and agents ability.
If you answer a question the answer becomes a disclosure. I really would not over-think this. I'd venture to guess anything materially affecting value would most likely NOT be forgotten ... just sayin' ....
CAR Legal Hotline would be a good resource for this question.
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Pete Xavier
Pacific Palisades, CA
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Debe Maxwell, CRS
Charlotte, NC
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Inna Ivchenko
Encino, CA
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Fred Griffin Florida R...
Tallahassee, FL
4,582,434
You will find many disclosures state "to the best of your knowledge".
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Pete Xavier
Pacific Palisades, CA
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Inna Ivchenko
Encino, CA
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Ron and Alexandra Seigel
Carpinteria, CA
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Candice A. Donofrio
Fort Mohave, AZ
1,157,791
The Calif Re Assn may be able to advise you why they updated the form.
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Candice A. Donofrio
Fort Mohave, AZ
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Nina Hollander, Broker
Charlotte, NC
1,624,853
Why would you want to disclosure what have happened 10 years ago?
And since we submit all disclosures at the same time, why that is important if it is in SPQ or TDS?
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Pete Xavier
Pacific Palisades, CA
6,418,755
Do you need to disclose that by moving to CA you may have a higher risk of lawsuits?
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Debe Maxwell, CRS
Charlotte, NC
5,772,587
2,224,473
Kathleen Daniels has the answer for you. Listen to what she says. She knows her stuff.
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Debe Maxwell, CRS
Charlotte, NC
766,079
Both cover different issues with home ownership. The SPQ is only filled out by the seller thus called Sellers Property Questionnaire while the TDS is filled out by the seller and both agents. The agents include most often in the TDS Transfer Disclosure Statement their AVID., Agent Visual Inspection Disclosure. The TDS shows items included with the purchase, their condition and other information.
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Pete Xavier
Pacific Palisades, CA
1,506,163
Allen, it used to be 7 years. I know not why they changed the forms or reduced the time limit. It may be something you can find out online or by calling the CAR legal hotline.
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Pete Xavier
Pacific Palisades, CA
2,784,726
Everything should be done as to the best of your current ability
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Pete Xavier
Pacific Palisades, CA
2,221,377
No sure, great question to ask your Broker.
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Anthony Acosta - ALLAT...
Atlanta, GA
5,113,121
I have no idea... I'm not a CA agent.
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Fred Griffin Florida R...
Tallahassee, FL
1,598,452
5,254,675
I would speak to the CA REA and ask why they changed it and how you are to use it. I would never take advice about something so serious as Disclosure from anyone other than them if I had a pressing question about it. CYA!
4,319,773
4,434,177
3,988,013
Answer to the best of your ability and be able to defend your position. If unsure disclose more than you think you need to.
2,684,669
4,800,132
7,864,157
1,617,916
1,056,663
Ask CAR. Every time a state RE form is updated, it is to address recent legal issues the attorneys have faced, cases and decisions that have set new precedent. I would not be worrying about the 'whys' as much as factually stating all matters material to the consideration to be paid for the property. You'll never go wrong then.
3,071,489