Indiana Seller Real Estate Sales Disclosure Form
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Toll Free 866-990-6211 |
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Indiana Seller Disclosure Form From the Indiana Laws and Real Estate Rules: "Indiana law (IC 24-4.6-2) generally requires sellers of 1-4 unit residential property to complete this form regarding the known physical condition of the property. An owner must complete and sign the disclosure form and submit the form to a prospective buyer before an offer is accepted for the sale of the real estate." Required Action by all sellers: Indiana, like most other states, requires sellers to complete a disclosure form and give it to the buyers before an offer is accepted. This is an essential part of selling your home even if you are a for sale by owner seller. If the form is not completed: Failure to complete the form before the offer is a violation of the law that Indiana regulators take very seriously. Penalties and/or results that can occur when you do not follow this law vary, but can involve fines, transaction reversal, increased likelihood of an after-sale lawsuit against the seller, and/or giving the buyer the right to cancel the transaction without penalty at any time, including the day of closing. Is the Indiana Seller Disclosure Form included with your service? Yes, it is included with FlatFeeMLSListing.com's Indiana MLS Listing Services. Do I need an Indiana-specific Seller Disclosure Form? Yes, only the Indiana specific form complies with the Indiana requirements. Be on guard against "forms packages" that say "they are valid in all 50 states." Valid does not mean that the forms fulfill your State-specific requirements. Also, if you read the fine print on these generic, non-state-specific forms they say "consult an attorney to complete this form," "consult local authorities to determine local requirements," "not responsible for any legal violations or damages caused by use of this form," and more language that essentially explains that the forms are really useful after all. Is this form difficult to complete? Not at all. The Indiana Seller Disclosure Form has simple questions and plain, everyday English that people understand. It is a user friendly form. Why don't other companies include this in their service? We don't know why, but we suspect that they do not really understand the areas where they offer MLS service. Unfortunately, the home sellers who use these other companies are the ones that will pay the price. Our company prides itself on doing more than just posting an MLS listing with little or no other help. The Indiana Seller Disclosure Form is just one example of how our service gives you access to the essential tools and information to sell your home effectively, which involves more than just an MLS listing. Does the form have other names? Yes, it is referred to as the transfer disclosure, Indiana Real Estate Disclosure Form, Sales Disclosure Form, Indiana Residential Sales Disclosure Form, Seller's Disclosure Form, Indiana Property Condition Disclosure, Indiana Disclosure, Real Estate Sales Disclosure, Indiana Real Estate Commission Form, and many more names. Click here to list your home in the Indiana MLS and receive an Indiana Seller Disclosure Form. |
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Member, National Association of Realtors® Member, Realtors® Multiple Listing Service No Fancy Car, Inc., BuySelf Realty, Inc. ©Copyright 2002-2003 Contact us toll free: 866-990-6211 Local real estate laws, markets, service prices, pictures of items for sale, and procedures may differ. This
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