FAR Bar Licensee Disclosure of Personal Intrest in Property Form
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People also ask
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Does Florida law require licensees to disclose only known facts about residential property?
Florida law requires the seller of residential real property to affirmatively disclose to the buyer all known facts materially affecting the value of the property, which are not readily observable and are not known to the buyer. Johnson v. Davis, 480 So.
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What does Florida law require realtors to disclose?
Disclosure Laws and Requirements for Florida Home Sellers Florida case law provides that, with some exceptions, a residential home seller must disclose any facts or conditions about the property that have a substantial impact on its value or desirability and that others cannot easily see for themselves.
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What is disclosure of interest in real estate?
In selling property they own, or in which they have any interest, REALTORS® shall reveal their ownership or interest in writing to the purchaser or the purchaser's representative.
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Which of the following is not a required disclosure when selling a property in Florida?
Florida Statute §689.25 states that if the property was ever presumed to have been the location of a homicide, suicide, or death, it is not considered a material fact and therefore is not required to be disclosed.
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What is the statute 689.25 in Florida?
689.25 Failure to disclose homicide, suicide, deaths, or diagnosis of HIV or AIDS infection in an occupant of real property.
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What is the Florida statute 475 disclosure?
Single agent disclosure. —Duties of a single agent must be fully described and disclosed in writing to a buyer or seller either as a separate and distinct disclosure document or included as part of another document such as a listing agreement or other agreement for representation.
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