maine property disclosure form

Note that if Other is selected then the manner that power is delivered to the air conditioning system used by the property must be described on the blank line provided. For instance, lead-based paint present on the property must be disclosed to satisfy regulations set by the Federal Government. If there is an existing mortgage on the property it just won't be a good use of your time shaking that tree. , The information provided to the purchaser is based upon the best information available to the seller. (71) Other Comments. If the property has not had a history with wood-destroying pests (i.e. If this is the case, then Unknown must be selected to answer the final question in Section XI. Purchaser. Use this step-by-step guide to complete the Get And Sign SELLER IS PROPERTY DISCLOSURE Maine REval Estate Form promptly and with perfect accuracy. Public . (83) Plumbing System Problems. Select Item 27 Or Item 28 Or Item 29 Or Item 30, (27) Nonoperational Sprinkler System. WVv _ ._P+Zg)z>-dLI. Select the first checkbox presented in Section XXI if there are no restrictions placed on the property (i.e. The information in the disclosure statement is for disclosure only and is not intended to be a part of any contract between the purchaser and the seller. Mark the second checkbox (Yes) if the air conditioning system cools every finished room of the property. Select Item 95 Or Item 96 Or Complete Item 97. Subchapter 1-B: NONRESIDENTIAL PROPERTY DISCLOSURES. All information regarding zoning violations, building or use restriction violations, and other such legal encumbrances should be presented using the Other Comments area of Section XVII. Any additional information regarding the insulation that is a part of the property can be documented in the area titled Other Comments., Select Item 102 Or Item 103 Or Complete Item 104. Select Item 141 Or Item 142 Or Complete Item 143. [1999, c. 476, 1 (new).] Please Click on the links or images below for Important consumer information that the NH and Maine Real Estate Commission requires all licensees (real estate . This scenario is better for the buyer as title is immediately placed into their name and they do run the risk of the seller being able to place additional liens or encumbrances on the title like the seller would be able to do in a land contract scenario. The Seller may use the final area of this Section to present more information regarding the propertys plumbing system as needed. Title 33, 173 requires sellers of residential real estate (with a few narrow exceptions) to give purchasers a "property disclosure statement," covering issues including: whether any hazardous materials (like asbestos, radon, arsenic, or lead-based paint) are present in the property, and. If there are more than two Sellers that must sign this document, then make sure to insert additional signature areas so that each one may be accommodated. Seller's rights and duties. A property disclosure statement is a required document in most states, one completed by the seller to inform the buyer of any material defects or information by law to be mentioned. Choose the second checkbox (labeled with the word Yes) if the Seller is aware that the property is in a flood zone. Either select the third checkbox if the Seller does not have enough information about the roof to reliably answer this question or select the N/A checkbox if this question is inapplicable to the propertys roof. Simon Properties tried to by Taubman but Michigan would not let them. (112) Additional Information On Wood-Destroying Insects. He had a good property manager, and loaded the buildings while he was finishing the others. The disclosure must feature detailed information concerning each of the home's systems, including its water supply, waste disposal, heating system, and entryways, along with a . (99) Other Areas Insulated. occupancy, signage, etc.). Individuals receiving the Maine property disclosure statement should be advised that it is provided as a resource for the buyer and does not constitute any contract between the buyer and seller. In a case where the Seller does not have information on the propertys plumbing system, a mark should be placed in the third checkbox however, should the discussion of Section X not relate to the property the N/A checkbox should be supplied with a mark instead. Under Maine Law, certain information must be made available to buyers prior to or during preparation of an offer. Professions and Occupations He's also a former Vietnam Pilot. In States that are not Buyer Beware, the seller is required to report any structural or material defects in the property (e.g. A sellers' property disclosure form is governed by state and federal laws. Note this area may also be used to document any information that must be presented with the above report that is required by the State where the property is located, Select Item 12 Or Item 13 Or Complete Item 14, (12) Public Water Supply. 0000007124 00000 n There are no State laws regulating the quality of drinking water that comes from a private residential water well. A Maine property disclosure statement is delivered from a seller of real estate to a buyer to report the propertys present condition. 0000006009 00000 n If so, then mark the box labeled Unknown. In a case where none of these options apply to this question, the N/A checkbox should be marked. (135) Unknown Or Property Improvement Non Applicable. If it is unknown whether standing water accumulates following heavy rain on the property, the third checkbox should be selected. Therefore, if the property uses a water treatment system that is leased from a Third Party, mark the final checkbox in this area, Select Item 22 Or Item 23 Or Item 24 Or Item 25 Or Item 26, (22) No Fire Sprinkler System. The Seller should be informed if there are any rooms on the property that are meant to be occupied but are not heated. Question 2: What is the Property Disclosure Form? these disclosures on a Property Disclosure Form. If no issues exist with the electrical system serving the property, then locate Section XI and supply a mark to the No checkbox. (75) No Fire Retardant Plywood. 0000001744 00000 n A property disclosure statement and any supplement to a property disclosure statement are not a warranty by the seller. Seller's rights and duties., 2. termites), it should be confirmed in this paperwork. If the Seller has not completed an inspection of the basement, crawlspace, or cellar of the property and cannot reliably produce this record, then Unknown should be selected. To use our professional PDF editor, follow these steps: Set up an account. Select Item 45 Or Item 46 Or Item 47 Or Item 48. Speed up your businesss document workflow by creating the professional online forms and legally-binding electronic signatures. Search for the document you need to electronically sign on your device and upload it. 0 . (56) Functioning Air Conditioning. If this is possible, then the title of each such attached certificate or report should be listed with any additional comments on the subject in the area labeled Other Comments. Bear in mind, that if there have been any legal issues regarding hazardous or regulated material on the property, this should be explained further in this area as well. Chapter 7: CONVEYANCE OF REAL ESTATE. Select Item 51 Or Item 52 Or Item 53 Or Item 54. The number of years that the property has been owned by the Owner or Seller thus far should be documented. The type of property being considered for purchase must be described accurately. (116) Other Comments. An area has been presented where information that further explains the status of the propertys water supply may be documented. He built a website so the tenants could pay automatically. When you set out to sell a house, most states require you to make certain \u201cdisclosures.\u201d Disclosures refer to any \u201cmaterial defects\u201d in the home, and in many states you will be held liable if you don't tell the buyer about them upfront. Information for Real Estate Transactions Lead "Protect Your Family from Lead in Your Home"-- Federal law states this brochure must be distributed to tenants/ buyers of housing built before 1978 prior to lease or sale. (146) Mineral Rights Of Property. If the Seller is aware of any structural defects or any remedies applied to a structural defect on the property, then the Yes box requires selection in Section XXV. Select the third checkbox only if the Seller has not been given any information regarding murders or suicides on the property and has also been unable to verify that none have occurred. The Other Comments should be used to further explain the presence of such materials and will accept the titles of any attached documentation (i.e. After its signed its up to you on how to export your seller s property disclosure Maine rEval estate: download it to your mobile device, upload it to the cloud or send it to another party via email. . Tunison, Supreme Judicial Court of Maine, 1932. If the other areas of the property are insulated, then the Yes checkbox must be marked. Some documentation may need to accompany this paperwork regarding carbon monoxide alarms and the property. If the property has a fire sprinkler system, then mark the second checkbox as verification. Maine 04330 (207) 624-2686. (114) Carbon Monoxide Alarms Present. Select Item 126 Or Item 127 Or Complete Item 128. Double check all the fillable fields to ensure total accuracy. If so, then indicate this by marking the N/A checkbox. (106) Gutter And Downspouts Operational. signNow's web-based program is specifically made to simplify the management of workflow and enhance the entire process of proficient document management. The type of system; FACTS: Mattei's real estate contract had a clause stating that the purchase . Oakwood then sold the property (including the shrubbery) to a new buyer. Two Signature areas have been provided to accept the signature, signature date, and the printed name of each Property Seller. Commercial real estate of you create new apartments in the sun belt.. (78) Other Comments. Any reference to forms in this document . . (63) Other. Create a high quality document online now! interpretation of Maine law to the public. If the Seller is able to confirm that the propertys structure and status are free of zoning violations and does not violate state or federal law, the No checkbox in Section XVIII should be marked. (25) Non-Applicable. If the exterior walls of the property do not have any insulation from the elements, the first checkbox (labeled No) must be selected. If there are no such materials present on the property, then the first checkbox in Section XVI requires selection. In a case where the Seller does not know whether or not the floor is insulated, produce a mark in the Unknown checkbox. 0000007703 00000 n In a case where the status of an air conditioning system does not apply to the property and this discussion, select the last checkbox option for this question. If this discussion is irrelevant then mark the N/A checkbox. 2023 State of Maine/Federal Holiday Schedule. 1. LEAD poisoning poses a The whole procedure can take a few seconds. HlR0}W%zvxki]Uk C Y6UI(3{>@WUBji9l/cXB_g >B. /11DvXxk079J%QGcJ1\MW*0Z Is it available YES SOURCE OF INFORMATION TOWN OF LIMINGTON COMMENTS 4 Bedroom Design IS SYSTEM LOCATED IN A SHORELAND ZONE. (33) Septic Sewage Disposal. (66) Unknown Or N/A To Property. (73) Known Leaks Or Moisture. . (145) No Mineral Rights. If the air condition system used for the property is unable to cool all the finished (livable) rooms of the property, the Buyer should be informed of this by marking the No checkbox. The First Section will seek to establish the status of such a survey on the property in question. Copyright . (48) N/A. (122) Fireplace, Wood Stove, Or Chimney Included. In rEval estate disclosure, a seller has to disclose to a buyer the latent defects in the property. NOTE: DO NOT LEAVE ANY QUESTIONS BLANK. 0000005390 00000 n Furnish the age of the heating unit (i.e. Lead Paint Arsenic brochure Property Disclosure Form 6. (165) Structural Defects On Property. In this case, fill in or mark the second checkbox (Yes) found in Section XVII. (69) Leaks Present In Basement/Crawlspace/Cellar. (96) Floor Insulation Confirmation. HAZARDOUS MATERIAL The licensee is disclosing that the Seller is making representations contained herein. The Seller authorizes the Listing Broker in this transaction to disclose the information in this statement to other real estate licensees and to prospective buyers of this property. If the property being sold does not have such a treatment system, the No checkbox should be selected to address the topic discussed. Select Item 117 Or Item 118 Or Complete Item 119. If, at the time the disclosures are . If the plumbing system functions safely and correctly, then the Yes box must be selected from to answer the second question in Section X. (6) Ownership Length. "The Forms Professionals Trust . %PDF-1.2 % (164) No Known Structural Defects. Unless the transaction is exempt under section 172, the seller of residential real property shall provide to the purchaser a property disclosure statement containing the following information: [PL 1999, c. 476, 1 (NEW).] Due to its multi-platform nature, signNow is compatible with any gadget and any operating system. (86) Known Electrical System Issues. Private . The Seller may be unaware of whether any improvements have been made to the property since its construction and be unwilling to confirm or deny this in answer to this question. TYPE OF SYSTEM: IX! If there are mineral rights that may be had from the property but are not under the ownership of the Seller, then the second question posed by Section XXII must be answered by selecting No.. This is required even if the carbon monoxide alarm is present but nonfunctional. Use professional pre-built templates to fill in and sign documents online faster. (91) Unknown To Seller Or Not Applicable To Property. (3) Buyers Initials. Maine Seller Disclosure Laws. (42) Electric Heating. Naturally, a property where a murder or suicide occurred will bear further discussion. Two Buyer Signature areas contain a separate line for each ones signature, current date, and printed name. (108) Exterior Drainage Comments. Maine Seller's Real Estate Disclosure Statement To ensure the validity of your documents, make sure you use proper legal forms. The Seller may not have had the opportunity to complete an inspection of the water treatment system or this may not be possible. If the Seller is unable to produce a reliable report on the foundation due to missing information, then the Unknown checkbox must be selected however, if none of the choices in this area have any bearing on the property, then select the final option (N/A), (67) Other Comments On Foundation. There are three variants; a typed, drawn or uploaded signature. In virtually all cases, a buyer will discover any problems once the buyer occupies the property. Should the Seller not have enough information to discuss the heat available in all the finished rooms in or on the property, then dispense a mark to the Unknown checkbox. If the source of water for the property is a private well then, the second option from Section II should be selected. a HAZMAT Certificate). 16. (21) Leased. Updated on January 23rd, 2023. PROPERTY LOCATED AT: 6 Spring Street, Bucksport, SECTION I. The mineral rights available through this property may not have been evaluated by the Seller due to a lack of information. PROPERTY DISCLOSURE FORM: Buyer acknowledges receipt of Seller's Property Disclosure Form and the information developed by the Maine Center for Disease Control and Prevention (formerly Maine Bureau of Health) regarding arsenic in private water supplies and arsenic in treated wood. Upon review of the above disclosure and every attachment present, the Buyer must sign his or her name as well as identify the current date. Mark the Yes checkbox found in Section XVI if this is the case. They sign a purchase contract with the buyer with agreed upon terms and the title will not transfer until the terms have been completed, usually years down the road. Enter your official identification and contact details. Therefore, if appropriate to this property, it should be verified if there has been no issues with the water and the property by selecting the No box provided after the statement Issues With The Water.. slow leaks, defective piping, etc.) Open the email you received with the documents that need signing. Download: Maine Smoking Policy Disclosure Form (PDF) Lead-Based Paint Disclosure. (147) Mineral Rights On Property Unknown Or Not Applicable. If this discussion simply does not apply to the property in question, however, then the N/A checkbox should be marked. . Disclaimer: The materials on this website are for informational purposes only and do not constitute legal advice. Required in most States that details the condition of the property. An area has been made available so that any relevant information regarding the Property Seller or Owner and the property can be dispensed with the basic report completed above. (43) Propane. leaking roof, flooding, etc.). The CM is a committed social worker and leads the life a yogi, so everything is transparent about him and his Government. (4) Property Type. 0000001357 00000 n The advanced tools of the editor will lead you through the editable PDF template. If it is Unknown as to whether the propertys ceiling and attic contain insulation and thus neither of the previous two check boxes were selected, then the third checkbox should be marked. Select Item 98 Or Item 99 Or Complete Item 100, (98) Other Areas Not Insulated. The signNow application is just as effective and powerful as the online tool is. Depending on the state, the seller may be held liable for any statements or claims made or not made. 0000002682 00000 n If this is not the case and the property is not located in a flood zone, then confirm this with a mark supplied to the No checkbox in Section XX. He has. Its recommended to use the State-specific version as that allows the seller to complete the exact questions that may be required in the particular State. Therefore, place a mark in the checkbox labeled Yes if the Seller is aware of any murders committed on the property or any suicides. (28) Operational Sprinkler System. The website is governed by the Terms of Use and Privacy Policy and use of the site constitutes acceptance of the terms. Bear in mind, that if none of these answers or this question holds relevance to the property, the N/A checkbox requires selection. If appropriate, confirm that the propertys ceiling or attic is insulated by selecting the Yes box. corporation, llc), record its full name as filed with the State where it was formed. The third checkbox should be selected if Electric heat is used for the property. the property is a concrete structure) then the final checkbox should be selected. (13) Private Water Supply. (153) Murder/Suicide Occurred On Property. (74) Unknown Or Not Applicable. The date when this action was completed and his or her name in print must accompany this signature. If the sprinkler system on the property is operational, mark the second checkbox (labeled Yes). If there are any fireplaces, wood Stoves, or chimneys on the property then the number of these items on this property must be supplied to the line following the question How Many..

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