What is the purpose of disclosures

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Reference no: EM133151862

Please help me with these questions.

  1. What is the purpose of disclosures?
  2. Why are Brokers/Agents required by law (their Statutory Duty) to inspect properties and provide a written disclosure of what they found during the inspection they made?
  3. What items covered by the disclosures would be most important to buyers?
  4. What is the purpose of the "Transfer Disclosure Form", the T, D, S.? Who must complete it and who must sign it?
  5. What is a "F.I.R.P.T.A. disclosure and what is the purpose of this disclosure form?
  6. Why do you think the State requires the 14-page Statewide Buyer and Seller Advisory form and who signs it.

Reference no: EM133151862

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