Additional information defining the electrical system and its operation by the Seller to the Other Comments line provided. Title 33: PROPERTY. (76) Roof Contains Fire Retardant Plywood. 173. (161) Material Defects Present. Enter your official identification and contact details. All HAZMAT documentation that identifies and certifies that hazardous or regulated materials being stored safely on the property should be presented (ideally) to the Buyer with this disclosure. (17) No Water Treatment System. Note this box should be selected only if there are no physical units on the property. In such a case, the Yes checkbox must be selected from this section. This area is optional and may be used or left unattended at the discretion of the Seller. You can find 3 available alternatives; typing, drawing, or capturing one. a condominium). The Seller should be informed if there are any rooms on the property that are meant to be occupied but are not heated. All rights reserved. (23) Fire Sprinkler System Confirmation. Produce the year when construction of the property was built and it was deemed safe to lease, sell, inhabit, or occupy. The final area (Other Comments) provided should be used to further discuss structural defects known to the Seller or to present evidence of a lack of any structural defects. The gutters and downspouts on a property will often be present to control rain flow when there is excess water. Indicate that heat for the property is powered with natural gas by marking the second checkbox. If the Seller is able to state that the property does not allow for standing water to accumulate during or after a heavy rain, then the first checkbox must be selected from Section XIII. This may also be used to name an attachment required. Disclaimer: The materials on this website are for informational purposes only and do not constitute legal advice. and this form will be appropriately changed with an amendment date. Furnish the age of the heating unit (i.e. Phone: 866-292-3474 or 207-287-4311. Required in most States that details the condition of the property. Download either the blank property disclosure statement or the State-specific version. (136) Additional Property Improvement Information. The seller should go around the property looking for any material defects such as leaking, fractures, electrical malfunctions, or any other type of issue that should be made known. In Section XII, the insulation present on this property will be defined beginning with the first question where the exterior wall will be discussed. (117) No Hazardous Or Regulated Materials. If the air conditioning system used by the property is powered by some Other method, then select the final checkbox available. Before you begin working with a real estate licensee it is . The majority of states, as well as federal law, will require a disclosure of hazardous materials or regulated materials on the property. The date when this action was completed and his or her name in print must accompany this signature. Therefore, if there are any material defects found on the property after the closing has occurred, liability rests fully on the new owner. (28) Operational Sprinkler System. (93) Ceiling/Attic Insulation Present. Required disclosures. SELLER'S PROPERTY DISCLOSURE - LAND ONLY. boiler) used to warm the water accessed on the property where requested. Indicate that the Ceiling or Attic does not have insulation by selecting No for the second question. If every fireplace, wood stove, or chimney on the property is safe to operate and functions correctly, place a mark in the Yes checkbox to answer the second question in Section XVII. "The Forms Professionals Trust . If the topic of gutters and/or downspouts simply does not apply to the property being sold, produce a mark in the fourth checkbox. SELLER' S PROPERTY DISCLOSURE Under Maine Law. (Video) What is a Property Disclosure Statement? In some states, the seller can be considered liable if they are aware of an issue that is unreported. Seller's rights and duties., 2. 2023 State of Maine/Federal Holiday Schedule. (137) Not In Flood Zone. At times, the information needed to evaluate the presence of hazardous materials or regulated materials may not be available to the Seller at the time of this disclosures execution. (101) Other Comments On Insulation. (46) All Finished Rooms Heated. Inspections are highly recommended. Call a certified lab and ask for an arsenic test kit for your well water. In some cases, the condition of gutters or downspouts is irrelevant to the property. After its complete it should be signed by the seller and sent to the buyer. Select Item 34 Or Item 35 Or Item 36 Or Item 37. "Purchaser" means a transferee in any of the types of transactions described in section 172. Select Item 152 Or Item 153 Or Complete Item 154, (152) No Murders Or Suicide On Property. Since the fire prevention can be of grave concern for many Property Owners, the Buyer should be informed if the fire sprinkler system used to keep the property safe is leased or not. If the presence of the sprinkler system is unknown then, select the third checkbox to answer this question. (171) Agents Signature. Once youve finished signing your seller s property disclosure Maine rEval estate, decide what you should do next save it or share the document with other parties involved. Fill in each fillable field. (94) No Information Or Not Applicable. Additionally, it is required that he or she present his or her entire name in print. The disclosure must feature detailed information concerning each of the homes systems, including its water supply, waste disposal, heating system, and entryways, along with a report of the propertys general condition. To use our professional PDF editor, follow these steps: Set up an account. LEAD poisoning poses a Upon the buyer obtaining possession of the property disclosure and reviewing, they will sign the document accepting they have received it. Maine DEP's Bureau of Remediaiton and Waste Mangements Lead Hazard Prevention Program. (104) Unknown Or N/A. Select the final option for this question should fire sprinkler systems be irrelevant to the concerned property. Find a suitable template on the Internet. termites), it should be confirmed in this paperwork. He built a website so the tenants could pay automatically. (51) Air Conditioned Area. Disclosures. If the property is heated using Propane, furnish the third checkbox in this area with a mark. By disclosing all problems up front, the seller can avoid the surprise that many times provokes a lawsuit. We use cookies to improve security, personalize the user experience, enhance our marketing activities (including cooperating with our marketing . For example, if the Septic System does not function properly then the No checkbox should be selected. Select Item 145 Or Item 146 Or Complete Item 147. (130) Known Zoning Violations. Create your signature, and apply it to the page. If there are no such issues, then the No checkbox in Section IX must be chosen. The signNow extension was developed to help busy people like you to reduce the stress of signing legal forms. The Seller may not be able to confidently indicate that this property is safe or subject to material defects that would affect its sale. 0000000947 00000 n Select Item 72 Or Item 73 Or Complete Item 74. [1999, c. 476, 1 (new).] (160) No Material Defects. This statement has been prepared to assist prospective buyers in evaluating this property. (133) No Improvements To Property. (118) Hazardous Or Regulated Materials Present. Michael told Diane and Frank that the Maine Legislature requires that seller disclosure forms be completed by sellers; a specific form is not mandated, but he would . If you need to share the seller s property disclosure Maine rEval estate with other people, it is possible to send the file by email. 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. (128) Other Comments. The Revisor's Office cannot provide legal advice or (156) No Illegal Drug Or Criminal Activity. 193. A sellers' property disclosure form is governed by state and federal laws. Click, Rate Maine Seller's Property Disclosure Form as 5 stars, Rate Maine Seller's Property Disclosure Form as 4 stars, Rate Maine Seller's Property Disclosure Form as 3 stars, Rate Maine Seller's Property Disclosure Form as 2 stars, Rate Maine Seller's Property Disclosure Form as 1 stars, massachusetts seller disclosure statement form, Title 33, 173: Required disclosures - Maine Legislature. 0000004731 00000 n If the property has a sprinkler system but the sprinkler system is nonoperational then mark the checkbox No.. (165) Structural Defects On Property. Bear in mind, that if none of these answers or this question holds relevance to the property, the N/A checkbox requires selection. (37) N/A. Select Item 148 Or Item 149 Or Complete Item 150, (148) Seller Does Not Own Mineral Rights. If the subject of property restrictions does not apply to this discussion then the final checkbox should be selected (N/A). Office of Professional and Occupational Regulation, Conditional Interpreter, Conditional Deaf Interpreter, Certified Interpreter, Certified Deaf Interpreter, Public Accountant and Certified Public Accountant, Board of Alcohol & Drug Counselors - Counseling Aide, Certified Counselor, Licensed Counselor, Certified Clinical Supervisor, Board of Complementary Health Care Providers, Acupuncture, Naturopathic Acupuncture, Naturopathic Doctor, Certified Midwife, Certified Professional Midwife, Custom Maine Chinese Herbal Formulations Certification, Board of Counseling Professionals Licensure, Professional Counselor, Clinical Professional Counselor, Marriage and Family Counselor, Pastoral Counselor, Registered Counselor, Board of Licensure for Architects, Landscape Architects and Interior Designers, Architect, Landscape Architect, Certified Interior Designer, Boiler and Pressure Vessel Safety Program, Chiropractor, Chiropractic Acupuncture, Certified Chiropractic Assistant, Temporary Certified Chiropractic Assistant, Temporary Dietitian, Temporary Dietetic Technician, Master Electrician, Senior Master Electrician (over 70 years of age), Journeyman Electrician, Senior Journeyman Electrician (over 70 years of age), Helper Electrician, Senior Helper Electrician, Elevator Inspector, Tramway Inspector, Wire Rope Inspector, Forester Registration for Supervision of Unlicensed Personnel, Funeral Attendant, Funeral Practitioner, Funeral Practitioner Trainee, Inactive Practitioner or Director, Gas Dispensing Station, Gas Storage Tank Permit, Oil Burner & Solid Fuel Technicians (Apprentice, Journeyman, Master), Propane & Natural Gas Technicians and Helpers, Manufactured Housing Dealer, Developer Dealer, Manufacturer, Nursing Home Administrators Licensing Board, NH Administrator, Multi-Level LTC Administrator, Residential Care Facility Administrator, Temporary NH Administrator, Administrator-in-Training, Occupational Therapist, Occupational Therapy Assistant, Temporary Occupational Therapist, Temporary Occupational Therapy Assistant, Certificate of Administration of Drugs and Immunizations, Physical Therapist, Physical Therapist Assistant, Professional Land Surveyor, Land Surveyor in Training, Psychological Examiners, Conditional Examiners, Temporary Examiners, Psychologists, Conditional Psychologists, Temporary Psychologists, Limited Radiographer, Radiographer Technologist, Special Permit Nuclear Medicine Trainee, Temporary Radiographer Technologist, Trainee Radiographer, Certified General Real Property Appraiser, Trainee Real Property Appraiser, Temporary Licensee, Certified Residential Real Property Appraiser, Licensed Residential Real Property Appraiser, Registered Trainee Real Property Appraiser, Associate Permit, Respiratory Care Trainee, Temporary Technician, Respiratory Care Therapist, Respiratory Care Technician, Conditional Licensed Social Worker, Conditional Licensed Master Social Worker, Licensed Social Worker, Licensed Master Social Worker, Licensed Clinical Social Worker, Temporary Speech-Language Pathologist or Audiologist, Speech-Language Pathology Assistant, Notice Regarding License Verification Requests (PDF). 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 . Commercial real estate id's chancey if you don't know what you are doing. 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. (88) Other Comments. Buyer beware is a term that is used to describe states that do not hold the seller responsible for not mentioning material defects at the time of sale. If the property being sold does not have such a treatment system, the No checkbox should be selected to address the topic discussed. If an Agent has been involved with this documents development and/or the purchase agreement that relates to it, then he or she must also sign his or her name upon a satisfactory review of the disclosure package created above. He had a good property manager, and loaded the buildings while he was finishing the others. Select the document you want to sign and click. If you are a new user, click Start Free Trial and establish a profile. Select Item 117 Or Item 118 Or Complete Item 119. In a case where the property has a sprinkler system, but it has not been determined whether this system is operational, the Unknown checkbox must be selected. Add the PDF you want to work with using your camera or cloud storage by clicking on the. The final area of Section XIX expects that any instructions, information, or attachments discussing property improvements made in the past or currently underway be included in the space provided. This scenario is much safer for the seller as the seller has an easier job of taking the property back if the buyer defaults on the payment arrangements.The second option is for the buyer to purchase the property with a private money mortgage from the seller. Select Item 51 Or Item 52 Or Item 53 Or Item 54. Check once more every field has been filled in correctly. Once completed, the statement must be delivered to the buyer before or at the time an offer is placed. Otherwise if the topic of ceiling insulation is not relevant (i.e. (29) Unknown. In Section VI, three of the most common methods are available to choose from by marking the checkbox labeled Oil, Natural Gas, or Electric. If none of these apply however, leave these first three choices unattended. This document has been set with the common disclosures that should be and will be expected by Seller, Buyers, and the laws governing the sale. The Unknown checkbox may be selected to indicate this status, however, if this question cannot be answered because it does not affect the property being discussed or is irrelevant to this disclosure then the N/A checkbox requires selection. The property disclosure statement is required in most States to be completed by the seller to inform the buyer of any material defects or information by law to be mentioned. Select the area where you want to insert your signature and then draw it in the popup window. 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. If this discussion simply does not apply to the property in question, however, then the N/A checkbox should be marked. If the buyer makes an earnest money deposit and finds a material defect that was not mentioned in the property disclosure, the buyer may be entitled to have their earnest money returned. For instance, the property may be on the third floor of a five-story structure. (154) Status And History Unknown Or Inapplicable. 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. (81) Unknown Status Or Non Applicable. 2023 Electronic Forms LLC. If the propertys exterior walls contain insulation then the second checkbox must be selected. Enter your official identification and contact details. If there are any disclosures that have not been presented but are allowed or required by the local government for the sale of this property to occur in a legal manner, then use the area in Section XXVII to present the remaining required disclosures for this property. (5) Year Built. How to make an electronic signature for the Seller S Property Disclosure Maine REval Estate in the online mode, How to create an signature for the Seller S Property Disclosure Maine REval Estate in Google Chrome, How to make an electronic signature for putting it on the Seller S Property Disclosure Maine REval Estate in Gmail, How to make an electronic signature for the Seller S Property Disclosure Maine REval Estate from your smartphone, How to make an electronic signature for the Seller S Property Disclosure Maine REval Estate on iOS, How to generate an signature for the Seller S Property Disclosure Maine REval Estate on Android OS. Updated July 09, 2022. 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. By using signNow's comprehensive service, you're able to complete any needed edits to Get And Sign SELLER IS PROPERTY DISCLOSURE Maine REval Estate Form, make your customized digital signature in a few quick steps, and streamline your workflow without the need of leaving your browser.