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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]
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 ...
The Public Land Survey System (PLSS) is the surveying method developed and used in the United States to plat, or divide, real property for sale and settling. Also known as the Rectangular Survey System, it was created by the Land Ordinance of 1785 to survey land ceded to the United States by the Treaty of Paris in 1783, following the end of the ...
A plat map that shows the location of a lot for sale. In the United States, a plat (/ p l æ t / [1] or / p l ɑː t /) [2] (plan) is a cadastral map, drawn to scale, showing the divisions of a piece of land.
A cadastre or cadaster is a comprehensive recording of the real estate or real property's metes-and-bounds of a country. [ 1 ] [ 2 ] Often it is represented graphically in a cadastral map . In most countries, legal systems have developed around the original administrative systems and use the cadastre to define the dimensions and location of ...
The Illinois Attorney General is suing a real estate developer who it says collects money for investment but then uses the money to take out loans or buy cars, and doesn't pay back what's owed.
This is a map highlighting Illinois counties without township government (Precincts not townships). Modification of David Benbennick's map. For more information, see Commons:United States county locator maps. {{PD-self}} [[Categor
A regulated developer is to provide each purchaser with a disclosure document called a Property Report. The Property Report contains relevant information about the subdivision and must be delivered to each purchaser before the signing of the contract or agreement and gives the purchaser at a minimum a 7-day period to cancel the purchase agreement.
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