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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]
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.
The reference to 'HUD' in the form's name refers to the Department of Housing and Urban Development. Federal regulations require that unless its use is specifically exempted, either the HUD-1 or the HUD-1A, as appropriate, must be used for all mortgage transactions that are subject to the Real Estate Settlement Procedures Act. Prior to October ...
RE/MAX was founded in January 1973 by Dave Liniger and Gail Main (who later married Liniger and became Gail Liniger) in Denver, Colorado. [5] [6] [7]The company was established with a maximum commission concept, meaning that agents would keep nearly all of their commissions and pay their broker a share of the office expenses, rather than paying their broker a share of the commission of each ...
Jacksonville is a city and the county seat of Morgan County, Illinois, United States. The population was 17,616 at the 2020 census , [ 5 ] down from 19,446 in 2010 . [ 6 ] It is home to Illinois College , Illinois School for the Deaf , and the Illinois School for the Visually Impaired , and was formerly home to MacMurray College .
The Illinois–Indiana–Kentucky tri-state area within their states. Dark shaded counties were included only by WTVW prior to the rollout of digital television.. The Illinois–Indiana–Kentucky tri-state area is a tri-state area where the U.S. states of Illinois, Indiana, and Kentucky intersect, and a region of the Upland South.
Jasonville is a city in Greene County, Indiana, United States. The population was 1,966 as of the 2020 census . It is the westernmost community in the Bloomington, Indiana , Metropolitan Statistical Area , approximately 15 miles closer to Terre Haute than to Bloomington.
At times, real estate agents may be present, still dealing with customers directly from the web. Real estate agents often profit by absorbing a certain percentage of the final sale or rent price as commission. There are cases where commission percentage hits a figure of 6% in America. [7] Internet real estate reduces the cost of an agent and ...