boiler) used to warm the water accessed on the property where requested. Draw your signature or initials, place it in the corresponding field and save the changes. o . Seller's rights and duties. To this end, if the propertys plumbing system does not work correctly, select the first checkbox in Section X. 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).] (145) No Mineral Rights. There may be one or more restrictions placed on the Occupants of this property. Double check all the fillable fields to ensure total accuracy. Select the area where you want to insert your signature and then draw it in the popup window. 0000008201 00000 n Select No if no infestation or damage to wood has occurred to the property at the time of this documents execution. (132) Other Comments. If there are no material defects to the property (i.e. If there are no such foundation issues with the property, the No checkbox must be selected. (142) Restriction On Property. Title 33: PROPERTY. (139) Unknown Or Not Applicable To Flood Zones. If there has not been an accurate or certified survey performed on the Sellers property during the time he or she has owned it, then select the No checkbox. Property disclosure statement. interpretation of Maine law to the public. Editing maine property disclosure form 2022 online. Effective March 1, 2019, the Office of Professional and Occupational Regulation (OPOR) will no longer issue paper license verifications. If the other areas of the property do not contain insulation, then select No.. 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. signNow's web-based program is specifically made to simplify the management of workflow and enhance the entire process of proficient document management. This information should be produced to the formatted areas following the label Dates Lived On The Property. (43) Propane. Unknown . (5) Year Built. Two Signature areas have been provided to accept the signature, signature date, and the printed name of each Property Seller. We use cookies to improve security, personalize the user experience, enhance our marketing activities (including cooperating with our marketing . It's basically, location, location, location and also cost, quality, and timing to the customer. If the Seller can confirm that the roof does not contain any fire retardant plywood, then the No box should be marked in Section IX. If it is unknown whether standing water accumulates following heavy rain on the property, the third checkbox should be selected. (4) Property Type. When you need Maine Property Disclosure Form 2020, don't accept anything less than the USlegal brand. The insulation of the other areas of the property must be addressed. 0000005988 00000 n 0 . The First Section will seek to establish the status of such a survey on the property in question. The Seller should be informed if there are any rooms on the property that are meant to be occupied but are not heated. Select Item 121 Or Item 122 Or Complete Item 123. By disclosing all problems up front, the seller can avoid the surprise that many times provokes a lawsuit. If the sprinkler system on the property is operational, mark the second checkbox (labeled Yes). (15) No Issues With Water. (68) No Leaks Or Excessive Moisture. The whole procedure can take a few seconds. The potential Property Buyer must review the information defining the Seller, the property, and the acknowledgment presented in the introduction to his or her satisfaction. Produce the year when construction of the property was built and it was deemed safe to lease, sell, inhabit, or occupy. In the event that the Seller was not able to complete an inspection of the concerned propertys air conditioning system, the third checkbox must be chosen by placing a mark in it. If the Seller is able to confirm that the plumbing system does not have any issues and therefore functions as it should, then the first checkbox (labeled No) must be selected to answer the second question in Section X. . pdf. If standing rain does not apply to the property being sold, then select the final checkbox option for this question. (71) Other Comments. NH and Maine Real Estate Brokerage Disclosure Forms posted by North Conway area local real estate media personality and agent, Bill Barbin. Choose the second checkbox (labeled with the word Yes) if the Seller is aware that the property is in a flood zone. (161) Material Defects Present. WVv _ ._P+Zg)z>-dLI. Mark the Yes checkbox found in Section XVI if this is the case. If the survey status of the property being sold is not applicable, then the third checkbox presented should be chosen. It must be documented if the property has one or more fireplace, wood stove, or chimney. Subchapter 1-B: NONRESIDENTIAL PROPERTY DISCLOSURES. Real Estate Commission Start filling out the blanks according to the instructions: Davis parks Broker of maximum one Greater Atlanta REvaltors and this week's contract tip has to do with the sellers' property disclosure form in both the GAR and the re forms contracts, so before I actually even get to the form let's back up a little in the listing agreement in both the GAR exclusive seller listing agreement which is f1 and in the re forms exclusive right to sell listing agreement which is re-form 151 it does specifically state when the seller signs it that the seller does agree to complete a seller's property disclosure form so in the guardian in the bar listing agreement it is paragraph c2, and it states sellers property disclosure statement within three days of the date of this agreement seller agrees to provide broker with a current fully executed seller's property disclosure statement in addition if any dwelling on the property or portion thereof was constructed prior to 1978 you'll know what's coming seller agrees to additionally provide broker with the current f. Here is a list of the most common customer questions. (92) No Ceiling/Attic Insulation. (159) Other Comments. Select Item 75 Or Item 76 Or Complete Item 77. Section XV shall solidify the number of carbon monoxide alarms, if any, are present on the property. Select Item 92 Or Item 93 Or Complete Item 94. (121) No Fireplaces, Wood Stoves, Or Chimneys. A clubhouse with pool and fitness center. The line labeled Other Comments should be used to present any additional information that would be useful on this topic. If this discussion is irrelevant then mark the N/A checkbox. He just sold it after losing it up, for 55 million dollars. 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. Roads on or abutting property. If the presence of the sprinkler system is unknown then, select the third checkbox to answer this question. Use the formatted space presented to produce the calendar date of the most recent septic system pump performed for the propertys septic tank. 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. The Seller may confirm that all gutters and downspouts found on the property function in a satisfactory manner by adequately draining excess water from the property with a mark submitted to the Yes checkbox. (30) N/A. Section IX will discuss any roof leaks present on the property. (34) Septic System Non-Functional. This law requires landlords in Maine to: Fill out and attach this lead-based paint . If the ability of the air conditioning system to cool every finished room of the property has not been ascertained by the Seller thus far, then deliver a mark to the third checkbox for this question. Wood-destroying insects and other similar pests on a property will often generate damage and paperwork. It will be available in the UP Government website. (95) No Floor Insulation. (105) Damaged Gutter And Downspouts. Upon doing so, the Property Buyer should initial the space provided as a testimony of his or her comprehension of, and agreement with, this material. (62) Age Of Unit. 0000005390 00000 n 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. Radon Testing Guidelines for Real Estate Transactions, Illinois Disclosure of Information on Radon Hazards, Radon Home-Buyers and Sellers Fact Sheet. For instance, a local shut-down may have gone in effect at an inopportune time. "Purchaser" means a transferee in any of the types of transactions described in section 172. (110) Known Current Infestation Or Prior Damage. 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. Unless the property is located in a Buyer Beware State, the seller is liable for any unreported issues. Be sure to wash your children s hands when they finish playing on or near CCA wood. The statement will also identify if the property is located in any special zoning, such as a flood plain or near a military base, or if the property was ever used for an illegal use such as a meth lab. Disclosure Law in Maine for Home Sales. (158) Illegal Drug Or Criminal Activity Unknown Or Not Applicable. [1999, c. 476, 1 (new).] 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. 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. He's also a former Vietnam Pilot. If the topic of gutters and/or downspouts simply does not apply to the property being sold, produce a mark in the fourth checkbox. (14) Other. Create your signature, and apply it to the page. 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. Mark the third checkbox to indicate the Seller does not have this information or select the final checkbox if the subject of fire retardant plywood cannot be applied to a discussion on the concerned property. The Seller may not have had the opportunity to complete an inspection of the water treatment system or this may not be possible. Enter your official identification and contact details. 2023 Code of Ethics & Standards of Practice. SECTION I . 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. 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. (93) Ceiling/Attic Insulation Present. The website is governed by the Terms of Use and Privacy Policy and use of the site constitutes acceptance of the terms. If the propertys heating system does not provide heat to every finished room of the property, produce a mark in the first checkbox (No). (31) Other Comments. A note about forms: Except for the Real Estate Brokerage Relationships Form (Form 3), the Maine Real Estate Commission does not provide forms for the practice of real estate brokerage. The seller is not obligated under this subchapter to make any specific investigation or inquiry in an effort to complete the property disclosure statement. If the air conditioner does not function properly then mark the No checkbox attached to the question requesting the air conditioners Operating Condition. Download: Maine Smoking Policy Disclosure Form (PDF) Lead-Based Paint Disclosure. TTY: Maine Relay 711. Note that if none of these options are applicable (for instance, the property does not have a basement, crawlspace, or cellar) then mark the final checkbox. If the status of the septic system on the property is unknown then mark the third checkbox (Unknown). (39) Other Comments. If the Seller cannot verify that the property does not have any structural defects or cannot confirm that any structural defects exist because of a lack of knowledge of the physical property, then choose the third checkbox to answer this question. If the Seller is unaware of whether the exterior walls of the property have insulation, then the third checkbox for the Exterior Walls question should be selected or if this subject is not applicable, then the final checkbox must be selected. (37) N/A. Should the Seller be a Company or Business (i.e. Forget about scanning and printing out forms. If the source of water for the property is a private well then, the second option from Section II should be selected. If the property is heated using oil, then mark the first checkbox under Type in Section V. (41) Natural Gas. (20) Non-Applicable. 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. (109) No Current Or Prior Damage. (51) Air Conditioned Area. 0000002491 00000 n (54) Not Applicable. Sample Purchase and Sale Agreement 7. If the structure of the property or the requirements of this paperwork (in the state where it is executed) makes the topic of floor insulation inapplicable then place a mark in the fourth checkbox. (38) Date Of Recent Septic System Pump. 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 Seller may be required to dispense some information regarding the type of insulation used and when it was installed. (165) Structural Defects On Property. Once completed, the statement must be delivered to the buyer before or at the time an offer is placed. Stat. If this discussion simply does not apply to the property in question, however, then the N/A checkbox should be marked. Decide on what kind of signature to create. In addition, buyers who choose to purchase in a buyer beware state will be subject to purchasing the property on an as-is, where-is basis. Speak with an attorney and a tax professional in your state of residence, as well as the other state(s) in which you own real estate to learn about the implications. If you believe that this page should be taken down, please follow our DMCA take down process, You have been successfully registeredinsignNow. %PDF-1.2 % ; Maine no longer requires a separate disclosure for real estate transactions. It is a federal law in the United States that any home built prior to 1978 must disclose the risks posed by lead-based paints. If so, the fifth checkbox definition for this question should be selected. 0000004013 00000 n (125) Nonworking Fireplace, Wood Stove, Or Chimney. If there is an existing mortgage on the property it just won't be a good use of your time shaking that tree. A property survey will yield valuable information such as the propertys exact boundaries and is therefore a process the Buyer would wish to be kept up-to-date on. If you cant find an answer to your question, please dont hesitate to reach out to us. (134) Improvements Made. (75) No Fire Retardant Plywood. If an air conditioning system is irrelevant to the property, then select the N/A checkbox. In this case, fill in or mark the second checkbox (Yes) found in Section XVII. (55) Nonoperational Air Conditioning. Select Item 156 Or Item 157 Or Complete Item 158. If the Seller of the property is aware that water will accumulate and remain during or after heavy rain on the property, then the Yes box should be furnished with a mark. Maine Rev. The Seller may not have received enough information to accurately answer the question posed by Section XVIII. [1999, c. 476, 1 (new).] Select Item 55 Or Item 56 Or Item 57 Or Item 58. . Tunison, Supreme Judicial Court of Maine, 1932. (138) Known Flood Zone. The CM is a committed social worker and leads the life a yogi, so everything is transparent about him and his Government. Any further information that applies to fireplaces, chimneys, or wood stoves on the property should be presented in the final area of Section XVII. (144) Other Comments. This database is updated in real time as changes occur. 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. (126) Operable Fireplace, Wood Stove, or Chimney. These problems could be as small as a faulty window lock or as large as damaged roof . Select Item 145 Or Item 146 Or Complete Item 147. This requires that the Unknown selection be made. 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. They have their own commercial real estate group. In some cases, the condition of gutters or downspouts is irrelevant to the property. Include the date to the form using the Date option. The Seller should inform any potential Buyer of a leased water treatment system used for the property. trailer << /Size 43 /Info 11 0 R /Root 14 0 R /Prev 14296 /ID[] >> startxref 0 %%EOF 14 0 obj << /Type /Catalog /Pages 12 0 R /Outlines 9 0 R /OpenAction [ 15 0 R /XYZ null null null ] /PageMode /UseNone /PageLabels << /Nums [ -2 << /St -1 /S /D >> ] >> >> endobj 41 0 obj << /S 77 /O 140 /Filter /FlateDecode /Length 42 0 R >> stream