What are in the Disclosures when transferring San Francisco or Marin Real Estate

Disclosures for property are compiled by the listing agent for the sale of the property. There is a ridiculous amount of information that is given on every transaction, much of it is standard boiler plate disclosures, like Lead Based Paint and other mandatory California Disclosures. However the real meat is going to be found in the Sellers Transfer Disclosure Statement which are the sellers acknowledgments of what they know about the property.

If the property is a wood structure, then hopefully there is a current Pest Inspection which will identify if there is dry rot, fungus, termite and beetle damage. Next is the home inspection, maybe times buyers will get this one but often is included in the disclosures.

The Home Inspection outlines what a contractor sees in the property from foundation to the roof, systems and anything worth noting. If the inspection is provided up front and you have a question, you can always contact the inspector.

Title Report is also a very good one to read, this will outline the legal description of the home, any liens or encumbrances effecting the property.

Geologic Report will outline if the property sits in a natural hazards area

CC&R’s for condo owners, this are the condo complexes Covenants, Conditions and Restrictions effecting property. The rules of the house for any condo withing the city. Also look for the Condo Financial Statement for the complex.

These are just a few of the main items to look for in the disclosures packets of homes and condos for sale in San Francisco and Marin county.


Categories Uncategorized

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this:
search previous next tag category expand menu location phone mail time cart zoom edit close