Property Disclosure
STATE OF NORTH CAROLINA RESIDENTIAL PROPERTY DISCLOSURE STATEMENT INS'I'RUCTIONSTO PROPERTYOWNERS G.S. 478 requiresownersof rcsidential rcal estate(single-family honresand buildingswith up to lour drvellingunits)to lurnishpurchasers a propertydisclosure stalemenl. This fornt is thc only oneapprovedfor this purpose. statenrent A disclosure ntustbe lurnishcdin connectionrvith thc sale,exchange, option and saleundera leaservith option to purchase(unlessthe tenantis alreadyoccupyingor inlendslo occupy the drvelling).A disclosure statcmcnt is not rcquiredlbr sometransactions, includingthe tlrst saleof a dwellingwhich hasneverbeeninhabitedand transactions of rcsidcntialpropcrtymadc pursuantto a leasewith option to purchasewhere the lessecoccupiesor intcndsto occupy the drvelling.For a completelisl of exemptions. seeG.S.47F.-2. You nrustcheck/
oneol the boxesft-rreachof thc 2l qucstions on thc revcrsesideot'(hisfbrm.
a.
lfyou check"Yes" for any question. you nrustexplainyour answerandcitherdescribean1'problemor at(acha rcportfronran cngirrcer. pestcontrolopera(oror othcr e\pert or publicagcncydescribingit. ll'you attacha rcport,),ou will not hc liable lirr anr contractor, inaccuratcor incompleteinlbrmationcontaincdin rt so long as you wcre not grosslynegligcntin obtainingor transmittingthc information.
h.
lf yotr chcck "No", you are statingthat you haveno actualknowledgeof any problcrn.lf'1,oucheck "No" and 1,
oneol the boxesft-rreachof thc 2l qucstions on thc revcrsesideot'(hisfbrm.
a.
lfyou check"Yes" for any question. you nrustexplainyour answerandcitherdescribean1'problemor at(acha rcportfronran cngirrcer. pestcontrolopera(oror othcr e\pert or publicagcncydescribingit. ll'you attacha rcport,),ou will not hc liable lirr anr contractor, inaccuratcor incompleteinlbrmationcontaincdin rt so long as you wcre not grosslynegligcntin obtainingor transmittingthc information.
h.
lf yotr chcck "No", you are statingthat you haveno actualknowledgeof any problcrn.lf'1,oucheck "No" and 1,
