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In the United States, a seller disclosure statement is a form disclosing the seller's knowledge of the condition of the property. The seller disclosure notice or statement is anecdotal and does not serve as a substitute for any inspections or warranties the purchaser may wish to obtain. It also does not serve as a warranty of any kind. [1 ...
Prior to October 3, 2015, the form was used in closed-end consumer credit transactions that were secured by real property or cooperative units. But as of that date, the TILA/RESPA integrated disclosure (TRID) rule issued by the Consumer Financial Protection Bureau established a specific HUD-1/HUD-1A exemption. The TRID rule mandates the use of ...
The property taxes a property owner pays are largely the result of the levies the voters have chosen to enact over time. The formula for taxation in Ohio — commonly referred to as House Bill 920 ...
Many jurisdictions recognize several forms of stigmatized property, and have passed resolutions or statutes to deal with them. One issue that separates them is disclosure. Depending on the jurisdiction of the house, the seller may not be required to disclose the full facts. Some specific types must always be disclosed, others are up to the ...
New Ohio Law Requires Meth Lab Disclosure to New Owners. Katie McCaskey. Updated July 14, 2016 at 6:04 PM. houses must disclose meth labs, says Ohio bill.
Ohio House Bill 140 calls for ballot language to be written in a way that would tell voters what levies would cost the owner of a home valued at $100,000 and how much the amount the tax would ...
Flat-fee real estate agents charge a seller of a property a flat fee, $500 for example, [11] as opposed to a traditional or full-service real estate agent who charges a percentage of the sale price. In exchange, the seller's property will appear in the multiple listing service (MLS), but the seller will represent him or herself when showing the ...
Owners can challenge property values, but not the taxes. I appreciate Ohio Auditor Keith Faber highlighting in a guest opinion column published in The Dispatch last week that property owners ...
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