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  1. 17 Ιαν 2024 · Sellers selling their property as-is must make a disclaimer in the Disclaimer Statement whereas sellers must make disclosures about any material defects in the Residential Property Condition Disclosure Statement. The sellers must fill the form in good faith and to their best knowledge.

  2. Selling a property in Oklahoma requires following certain legal requirements to avoid any legal battles. As a seller, you are responsible for disclosing any known defects or issues with the property to the buyer.

  3. 7 Φεβ 2019 · If you are buying or selling a home, the transaction is subject to the Residential Property Condition Disclosure Act found at 60 OS 831, which provides for a disclosure of defects to the property (the “Act”). The Act is an exception to the common law rule of “caveat emptor” or “buyer beware.”

  4. To ensure compliance with Oklahoma’s disclosure laws, sellers should work with their real estate agent and obtain a Residential Property Condition Disclosure Statement. This document outlines the potential defects that should be disclosed and provides a checklist for the seller to complete.

  5. Sellers of residential real estate are required to make certain written disclosures about the physical condition of their property prior to selling in Oklahoma. These requirements are an exception to the normal rule known as caveat emptor, or “buyer beware.”

  6. 3 Σεπ 2024 · Oklahoma requires sellers to disclose basic information, like how long you've owned the property, plus detailed specifics about the property. We've summarized the key questions you'll have to answer on your seller's disclosure statement below, grouped by topic.

  7. 1 Ιουλ 1995 · A real estate licensee representing a seller has the duty to obtain from the seller a disclaimer statement or a disclosure statement and any amendment required by this act and to make such statement available to potential purchasers prior to acceptance of an offer to purchase.

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