Disclosures

SBSA - Statewide Buyer & Seller Advisory

SBSA - Statewide Buyer & Seller Advisory

Mar 9, 2020

The SBSA (Statewide Advisory for Buyer and Sellers) Is a total of 14 pages and addresses the following topic...

MCA - Market Conditions Advisory

MCA - Market Conditions Advisory

Mar 9, 2020

As a real estate agent, you present information and guide your clients based on sales data mostly from the MLS. Such data can sometimes be delayed and prices may go up or down faster than you were expecting.

WCMD - Water Fixtures & Carbon Monoxide Detector Notice & WHSD - Water Heater & Smoke Detector

WCMD - Water Fixtures & Carbon Monoxide Detector Notice & WHSD - Water Heater & Smoke Detector

Mar 9, 2020

In California, it's customary for the seller to pay for the installation of smoke alarm detectors, carbon monoxide and water heater bracing.

ENV - Environmental Hazards Booklet & Receipt

ENV - Environmental Hazards Booklet & Receipt

Mar 9, 2020

For your review, you can find a copy of the booklet on...

FLD - Lead Based Paint

FLD - Lead Based Paint

Mar 9, 2020

Note that after the delivery of the Lead Based Paint Hazards Disclosure (FLD), the buyer has 10 days, unless otherwise agreed in the purchase agreement to conduct a paint inspection or a risk assessment.

EQ - Earthquake Hazard Report

EQ - Earthquake Hazard Report

Mar 9, 2020

It is advisable to still deliver a copy of The Homeowner's Guide to Earthquake Safety Booklet in all real estate transactions even if the property is built after 1960 as it covers the steps to take before, during and after an earthquake.

AVID - Agent Visual Inspection Disclosure

AVID - Agent Visual Inspection Disclosure

Mar 9, 2020

Word to the wise- Avoid using phrases such as:⁣⁣ “In good condition”, ”All looks great”⁣⁣, ”Nice size living room” ⁣.. Such statements can be subjective and possibly challenged.

ESD - Exempt Seller Disclosure

ESD - Exempt Seller Disclosure

Mar 9, 2020

This is probably the most misconceived disclosure we come across during escrow.

SPQ - Seller’s Property Questionnaire

SPQ - Seller’s Property Questionnaire

Mar 9, 2020

Note that the SPQ (Seller Property Questionnaire) is not a substitute for the TDS (Transfer Disclosure Statement) but a means for the sellers to provide additional information about the condition of the home.

TDS - Real Estate Transfer Disclosure Statement

TDS - Real Estate Transfer Disclosure Statement

Mar 9, 2020

This video will give you a run through of the different sections of the TDS (Transfer Disclosure Statement) form use in the State of California.