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  2. Closing documents: A guide for homebuyers - AOL

    www.aol.com/finance/closing-documents-guide...

    Closing disclosure. ... which is essentially the legal document that signifies property ownership. When you purchase a home, you acquire not only the title, representing your ownership rights, but ...

  3. Seller disclosure statement - Wikipedia

    en.wikipedia.org/wiki/Seller_Disclosure_Statement

    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 ...

  4. Closing (real estate) - Wikipedia

    en.wikipedia.org/wiki/Closing_(real_estate)

    The closing date is set during the property negotiation phase and is usually several weeks after an offer is formally accepted. [2] At a high level, the closing typically involves the following parties: the seller, the buyer, real estate agents, attorneys (depending on the state), the mortgage lender, and the settlement agency (also known as a ...

  5. Mechanic's lien - Wikipedia

    en.wikipedia.org/wiki/Mechanic's_lien

    Prior to making any payment, the property owner should request a release of lien from every supplier, contractor and subcontractor, which covers the materials used and the work performed on the project. A release of lien is a written statement that releases the property from the threat of lien.

  6. Owner-occupancy - Wikipedia

    en.wikipedia.org/wiki/Owner-occupancy

    Owner-occupancy or home-ownership is a form of housing tenure in which a person, called the owner-occupier, owner-occupant, or home owner, owns the home in which they live. [1] The home can be a house , such as a single-family house , an apartment , condominium , or a housing cooperative .

  7. Standardized Natural Hazards Disclosure Statement - Wikipedia

    en.wikipedia.org/wiki/Standardized_Natural...

    The Natural Hazards Disclosure Act, under Sec. 1103 of the California Civil Code, [1] states that real estate seller and brokers are legally required to disclose if the property being sold lies within one or more state or locally mapped hazard areas. The law specifies that the six (6) required hazards be disclosed on a statutory form called the ...

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