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New Jersey Seller Disclosure  Form

New Jersey Seller Disclosure Form

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Instructions and help about new jersey seller form

[Music] [Music] as of August 1st your seller clients must provide buyers a signed and completed property condition disclosure statement before the buyer becomes contractually obligated to purchase a residential property this applies to all res idential sales even if the seller is a bank or an estate administrator with limited personal knowledge about the property every seller must complete a seller's property conditioned disclosure statement sharing any known conditions of the property to the best of their knowledge for most conditions sellers only need to disclose what they actually know however some disclosures like flood risks must be reported even if the seller doesn't have direct knowledge if the seller genuinely doesn't know the answer to a question they can select unknown if that option is available for commercial real estate sellers don't need to complete the entire disclosure statement however they must still disclose flood risks even beyond wha

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