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RESIDENTIAL PROPERTY DISCLOSURE AND DISCLAIMER STATEMENT INSTRUCTIONS TO THE SELLER Please complete the following form. Do not leave any spaces blank. If the question clearly does not apply to the
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How to fill out kansas real estate disclosure

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To fill out the Kansas real estate disclosure, follow these steps:

01
Obtain the Kansas real estate disclosure form, which is typically provided by the seller or the seller's agent.
02
Begin by entering the necessary personal and property information, such as the seller's name, address, and the property's address.
03
Provide details about the property, including its type (residential, commercial, etc.), the year it was built, and any renovations or additions made.
04
Disclose any known defects or issues with the property, such as structural problems, plumbing or electrical issues, or environmental hazards.
05
If there have been any legal disputes or claims involving the property, disclose this information as well.
06
Complete the remaining sections of the form, which may include questions about the property's condition, landscaping, utilities, and any additional disclosures required by Kansas law.
07
Sign and date the disclosure form, and ensure that all relevant parties involved in the transaction (seller, buyer, and agents) also sign where required.
08
Retain a copy of the completed disclosure form for your records.
The Kansas real estate disclosure is typically needed by sellers who are listing their property for sale. However, buyers may also benefit from reviewing the disclosure to understand any potential issues or defects in the property they are interested in purchasing. Real estate agents and brokers involved in the transaction are also required to be aware of and provide the disclosure form to their clients.

This form is a Seller's Disclosure Statement for use in a residential sales transaction in Kansas. This disclosure statement concerns the condition of property and is completed by the Seller.

Video instructions and help with filling out and completing kansas real estate disclosure form

Instructions and Help about seller's disclosure form kansas

Music hey guys its Jason along with Jenn company real estate experts here in Kansas City thanks for tuning in today I want to cover the exciting topic of disclosures in real estate so what exactly it has to be disclosed when selling a home seller have the legal obligation to disclose any material defects in the home to potential buyers but how far does that obligation go on one hand the sellers want to minimize the amount of negative defects that they have to disclose in their home while on the other hand buyers want to know exactly what they're buying, so they can estimate potential repair costs and negotiate that and the purchase price accordingly so whether you're buying or selling issues a good idea to understand the basics of disclosures in real estate now disclosures are going to vary from state to state county to county and city to city, but the general rule is that seller is only required to disclose any defects that they have personal knowledge up so in other words you don't need to hire inspector to thoroughly inspect the house and point out things that you didn't have any knowledge of now some typical of disclosure items are water damage or mold termite damage leaks in the roof cracks in your foundation or concrete floor any issues with appliances HVAC you're plumbing our electrical systems any environmental issues which could be earthquake fault lines flood zones or even frequent wildfires, and lastly I want to talk about the lead based paint disclosure that's anyhow it was built before 1978 you have to disclose to the buyer that there potentially could be lead-based paint in the house, so they have a right to get that assessed by a professional that works with lead-based paint, or they can waive the right to assessment of that issue so one thing we always say is when in doubt disclose disclose disclose so if you don't know if you have to question if something needs to be disclosed definitely running in and disclose it because that's going to alleviate any future legal claims, and it's also going to give the buyer confidence when writing it all from the to get you a better value thanks for tuning in today give us Jason so long if you have any questions or comments I would love to hear them and if you're looking to buy or sell we would love to hear from you so just give us a call or shoot us an email, and we can chat thanks and have a great day Music

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People Also Ask about kansas real estate disclosure form

Kansas statutes do not impose a duty to disclose on real estate sellers, but common law principles apply if a seller does provide a property disclosure statement. If the seller opts to provide a disclosure statement, common law imposes a duty to make accurate disclosures.
To add further confusion, some non-disclosure states may have counties that are full disclosure. The current list of non-disclosure states includes Alaska, Idaho, Kansas, Louisiana, Mississippi, Missouri (some counties), Montana, New Mexico, North Dakota, Texas, Utah, and Wyoming.
§ 58-30.106 states that you or your real estate agent must disclose to the buyer "all adverse material facts" that you actually know about the property,including: environmental hazards that affect it. its physical condition. any material defects in the property itself.
The current list of non-disclosure states includes Alaska, Idaho, Kansas, Louisiana, Mississippi, Missouri (some counties), Montana, New Mexico, North Dakota, Texas, Utah, and Wyoming.
Most Common Disclosures in Real Estate Natural Hazards Disclosure. First on the list is the natural hazards disclosure. Market Conditions Advisory (MCA) Market Conditions Advisory, also known as MCA, covers items more financial in nature. State Transfer Disclosure. Local Transfer Disclosure. Megan's Law Disclosures.

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Kansas has specific real estate disclosure laws that require sellers and their agents to disclose certain information about the property being sold. The Kansas Real Estate Disclosure Act (KREDA) outlines these requirements. Under KREDA, sellers must complete a disclosure statement that provides information about the property's condition, known defects, and any other material facts that could potentially affect the buyer's decision to purchase the property. This includes information about the structure, systems (such as electrical, plumbing, and heating), and any known issues or repairs. Some key points to note about Kansas real estate disclosure include: 1. Sellers are required to provide the disclosure statement to the buyer before a purchase agreement is entered. 2. The disclosure statement should be completed to the best of the seller's knowledge and should include all material defects and necessary repairs. 3. Sellers are not required to have specialists inspect the property to uncover hidden defects. The disclosure is based on the seller's knowledge and observation. 4. If there are any changes or updates to the property's condition after the initial disclosure is made, sellers are required to update the buyer in writing. 5. Buyers have the right to waive their opportunity to receive the disclosure statement, but this must be done in writing. 6. Failure to provide the required disclosure information can lead to legal consequences and potential liability for the seller. 7. The Kansas Real Estate Commission provides a standard disclosure form that sellers can use, but it is not mandatory. It's important for both buyers and sellers to understand and comply with Kansas's real estate disclosure requirements, as they are intended to ensure transparency and protect the interests of all parties involved in real estate transactions.
In Kansas, it is the seller's responsibility to provide a real estate disclosure form, known as the Kansas Residential Real Estate Seller's Disclosure Statement. This form must be completed by the seller and provided to the buyer before the sale of the property.
Filling out the Kansas Real Estate Disclosure involves providing accurate and complete information about the property being sold. Here are the general steps to follow: 1. Obtain the appropriate form: Kansas requires sellers to use the Kansas Residential Real Estate Sales Contract form, which includes the necessary disclosure section. 2. Identify the property: Provide the legal description of the property, including the address, lot number, and any other identifying details. 3. Describe the property's condition: Answer specific questions regarding the condition of the property. This typically includes the age and condition of major systems such as plumbing, electrical, and HVAC. It may also cover issues such as the presence of lead-based paint or radon. 4. Mention any known defects: Disclose any known defects or issues with the property. This could include structural defects, pest infestations, water damage, or other significant problems. 5. Complete the disclosure statement: Fill out the disclosure form by answering all required questions. Be honest and thorough in providing information about the property. 6. Attach any additional documentation: If applicable, attach any supporting documents that are relevant to the disclosure. This could include inspection reports or repair records. 7. Review and sign: Carefully review the completed Kansas Real Estate Disclosure form. Ensure that all information provided is accurate and complete. Sign and date the document. 8. Provide copies to all parties: Distribute copies of the fully executed disclosure form to all relevant parties, including the buyer, seller, and real estate agents involved in the transaction. It's crucial to note that while this general guide can assist you with filling out the Kansas Real Estate Disclosure, it's advisable to consult with a real estate professional or attorney for specific advice, as real estate laws can vary and change over time.
The purpose of Kansas real estate disclosure is to provide potential buyers with important information about the property they are interested in purchasing. The disclosure statements are designed to disclose any known defects, issues, or material facts about the property that may affect its value or the buyer's decision to proceed with the purchase. This information allows buyers to make informed decisions and negotiate with the seller based on a full understanding of the property's condition and any potential risks or liabilities associated with it.
In Kansas, the real estate disclosure must include the following information: 1. Material defects: Any known material defects in the property must be disclosed. A material defect is a condition that could affect the property's value or safety, such as structural issues, water damage, or past pest infestations. 2. Structural problems: Any known structural problems, such as foundation issues, roof leaks, or faulty electrical or plumbing systems should be disclosed. 3. Environmental hazards: The presence of any environmental hazards on the property, such as asbestos, lead-based paint, radon, or mold, must be disclosed. 4. Water issues: If there are any water-related problems, such as flooding history, drainage issues, or problems with the well or septic system, they must be disclosed. 5. Previous repairs or renovations: If there have been any major repairs or renovations done on the property, the seller should disclose them, including any warranties or guarantees that may apply. 6. Legal and zoning issues: Any pending legal actions, zoning violations, or future governmental plans that may affect the property should be disclosed. 7. Neighborhood nuisances: Any known neighborhood nuisances that could affect the property, such as excessive noise, odors, or disturbances, should be disclosed. It is important to note that this list is not exhaustive, and sellers must disclose any other information that may affect the property's value or desirability to potential buyers. Additionally, it is recommended that sellers consult with a real estate attorney or agent to ensure they fulfill all legal requirements for disclosure in Kansas.
The penalty for the late filing of Kansas real estate disclosure varies depending on the specific circumstances and the discretion of the Kansas Real Estate Commission. However, generally, late filing may result in an initial fine of up to $25 per day for the first 30 days, and then $50 per day for each subsequent day of non-compliance. It is important to note that these penalties can accumulate over time, potentially resulting in significant financial consequences for the responsible party. Consulting with a legal professional or contacting the Kansas Real Estate Commission directly can provide more specific and up-to-date information regarding penalties for late filing.
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