
Arizona Real Estate Home Sales Package with Offer to Purchase, Contract of Sale, Disclosure Statements and More for Residential Form


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People also ask
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What do you have to disclose when selling a house in Arizona?
Any information that the seller or lessor is or may be unable to perform. Any information that the buyer or lessee is or may be unable to perform. Any material defect existing in the property being transferred. The existence of a lien or encumbrance on the property being transferred.
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What is included in a purchase and sales agreement?
A purchase and sale agreement is used to document the parties' intentions and the terms they have agreed will govern the transaction. You can include specific terms like the product or property, the price of the product or property, conditions for the delivery of the product, and the date of product delivery.
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Is SPDs required in Arizona?
If you are using the Arizona Association of REALTORS® (“AAR”) Residential Resale Real Estate Purchase Contract, the seller is required to deliver “a completed AAR Residential SPDS form to the Buyer within three (3) days after Contract acceptance.” If the Seller does not provide the SPDS as the Contract requires, the ...
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Is Arizona a mandatory disclosure state?
A seller in Arizona is required by law to disclose material information about the property that the seller actually and personally knows of, and that affects the value and desirability of the property.
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What is required in an Arizona purchase agreement?
An Arizona purchase agreement facilitates the sale of real estate for an agreed-upon price between the buyer and seller. The document must record disclosures about the buyer and seller, property, and financing details. Buyers typically have to provide an earnest money deposit to confirm the contract.
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Is SPDs required in AZ?
If you are using the Arizona Association of REALTORS® (“AAR”) Residential Resale Real Estate Purchase Contract, the seller is required to deliver “a completed AAR Residential SPDS form to the Buyer within three (3) days after Contract acceptance.” If the Seller does not provide the SPDS as the Contract requires, the ...
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What is required in an Arizona purchase agreement?
An Arizona purchase agreement facilitates the sale of real estate for an agreed-upon price between the buyer and seller. The document must record disclosures about the buyer and seller, property, and financing details. Buyers typically have to provide an earnest money deposit to confirm the contract.
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What does "no SPDs" mean in real estate?
"No Seller Disclosures" means that the seller is selling the property without disclosing any defects or facts that might be necessary for a buyer to make an informed decision.
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