Arkansas Real Estate Disclosure Kit
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Arkansas Real Estate Disclosure Kit
Business services Mis instock In addition to the federal requirement to disclose information regarding lead in a home, many states have adopted laws requiring some form of disclosure regarding sales of residential real estate, most often in the form of a Real Estate Disclosure Statement (also referred to as a Property Condition Disclosure Report, Disclosure Document and Condition Report).
Under the strictest laws, the seller is required to disclose all facts that materially affect the value or desirability of the property which are known or are accessible only to him or her.
This kit includes:
i) a questionnaire that will help you prepare for your disclosure statement;
ii) a basic real estate disclosure form for use in states that do not have specific statutory requirements or have not provided official forms; and
iii) links to official forms for those states that have specific statutory requirements or a state supplied form. These forms are provided at no additional charge.
This kit can be used in Arkansas. $6.99
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Whenever any real estate property is sold, a written agreement should be used to document the transaction and to set forth the terms between the Seller and the Buyer.
The Residential Real Estate Sale Contract form can be used by a buyer and a seller of a free-standing residential home. The Agreement provides for the traditional terms between a seller and buyer, including financing contingencies, surveys, pest and other inspections, title matters and more. This agreement is for transactions that do not involve a Broker and where the Buyer is either paying cash or the Seller is financing the purchase with a promissory note, secured by deed of trust or a first mortgage. This attorney-prepared packet contains:
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If it becomes necessary to appoint another person to purchase some real estate on your behalf, you can use a Limited Power of Attorney for Purchase of Real Estate. This document allows a "mentally" competent natural person (called the "Principal" or "Grantor") to authorize someone else (called the "Agent" or "Attorney-In-Fact") to act on his or her behalf in purchasing the real estate specified in the Limited Power of Attorney for Purchase of Real Estate form.
This form can be used in Arkansas. This package contains (1) Instructions & Checklist for Limited Power of Attorney for Purchase of Real Estate; (2) Information for Limited Power of Attorney for Purchase of Real Estate; and (3) Limited Power of Attorney for Purchase of Real Estate Form |
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This Offer to Purchase Real Estate is necessary for a potential buyer of real estate to make an offer to purchase the property. This form is not a contract or agreement for the purchase of the real estate. This form is an offer to pay a certain price for a parcel of real estate, when certain conditions are met.
Key Provisions in this Form Include:
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Whenever any real estate property is sold, a written agreement should be used to document the transaction and to set forth the terms between the Seller and the Buyer.
The Real Estate Sale Contract form can be used by a Buyer and a Seller of any vacant land. The Agreement provides for the traditional terms between a seller and buyer, including financing contingencies, surveys, pest and other inspections, title matters and more. This agreement is for transactions involving vacant land (i.e. land only)that do not involve a Broker and where the Buyer is paying cash, obtaining a new loan, assuming an existing loan and/or obtaining Seller financing This form can be used in Arkansas. This package contains (1) Instructions and Checklist for Real Estate Sale Contract (Land Only); (2) Information about Real Estate Sale Contract (Land Only); (3) Real Estate Sale Contract (including Earnest Money Receipt). |
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