TENNESSEE RESIDENTIAL PROPERTY CONDITION
TENNESSEE RESIDENTIAL PROPERTY CONDITION . '. . . .DISCLAIlYIERSTATEMENT' .. ',' 2
Prop;rty Buyer:
3
. Seller:"
1
4.
5 6 7
8 .9
10 11
.t\ddress:\
qD'~\r\ '.. . . .:'
~q
\U)I •. '. . . .' '.
)'CI(Xn,U\U.r!bfTJJ·· .,: '.' J. '.,..
.
.L ()}-:!\Ll\usk~-l \hhDW~ .... '. ". . . . .
.
.....
· .The Tennessee Residential Property .Disclosure Actrequ ties seliers ofresidenfial real property. with 011e to four dwelling · units to furnish. to a. buyerone of the following: (Lj.a residentiatpropefry discloslu'estatement (tlle"Disclosi.ire"),or (2}a .residentia t property disclaimer stateruentfpermitted onlywhere .the buyer waivesthe required Disclosure)" Some property transfersmay be" exemptfrorn this-requirement (see Tenn .. Code 1\11I). § 66-5c209). The followirrgjs a surnmaryofrhe buyers" and" sellers'riglits and obligations -uuder the Act. . A' complete copy or the .Act may be fcuud iat: 11ttp'il\\rww.state. tn. lis! COlJllllerCe!boards/treclindex.shtmL. . . LSellers mllstdiscl~s,ea:Hkllown ;11aterwl defects and ll1Iist:aJ~swer th~ questions the bestofthe seller' sknowledge as of the Disclosure date: .
of a purchas~
Disclosure form in good faiti1fo .
12
2,Sellers
13 14"
3.
15 16 17
4.
Sellers may give the buyers a report or opinion prepared by a professio;lal 1ilspectorm other expert(s), or certain information .provided by a public agency, in lieu of responding to some or all of the questions on the form (See Tenn. Code Ann. §.66-5-204). .
18
5.
.Sellers are not required to have a home inspection
. 19
6.
Sellers are not required to repair any items listed on the Disclosure agreedto in the purchase contract. .
21 22
7.
Sellers. involved il{ thefirst'sale' of a 'dwelling niust disclose the amount of any Impact fees or adequate facility taxes paid. ...•... . . . .... •.. .... .. .' . . .'. . . ..•. .... .
23
8.
SetLersare
liot
transmitted
by occupying'
24
. occurrencewhich
25 9.
27.
28
29 30 31 32' . 33
34 35 36
in order to complete the Disclosure
f0l111or enanypast
or future inspection
.
form. repcirt unless
to disclose if any occupant was Hl V-positive, or had any other disease not lik:ely to be a home, or. whether the home had been the site of a homicide, suicide' or felony, or .act or.' had 110effect ou thephysical structure of the property. .... . .' .. '
required
Selie;:s may provide an.l'as is;',."n~ repr~sei1tationsor. wananiies" disclaimer statement in' lieu of the Disclosure f0l111. only if the buyer waives .the rightto the required disclosure, otherwise the sellers must provide thecompletedDisclosure form (see .Tenu-Code. Aun:-~§ .66:'~:-202}.-· "'. . . . . . .' .. . . .. ' .' '.: : "
\0
.. 11,'· Buyers areacivikedtoirichidehoi~le and :\~Qddi!;fe~iaiion;well, \vat~r sources; septicsystem, lead"basedpai~t;j-ado;~;'" mold, and-other apprbpria'feinspecti~ncoi1tir;gericiesinthe contract, astheDisclosure form is hot a warranty of any kind' by theseller;ai1Ci is not asubstitute for' anywarrautiesor inspections the buyer may desire to purchase. ..' "'~ . 12. Any repair of disclosed cIefe~ts I11U~tbe'l~ego'tiat~d and addies~ed in the Purch~se and Sale Agreement; is notrequiredto repai: anysuch item S. ..• _ . Buyers may~;bur do' no t. have to, wai vethei: righttoreceive the Disclosure disGlaili1~r statement with 'riorepteserit~ti6ns'drwaIT4nties(se~Te,rm,Godei\ni1:
38 14
40 41 42 43
or other investigation
tbathave
· 10 .. Sellers;naybe eX~l11ptfrol11 having complete the' Disclosure form-in ce~tainiill1ited circurnstancesfe.g.vpublic ..... . auctions,C01;;t oIdei~,soiliefQrrdos~i'es arid ban!?:uptcies,;le"v constfuction with written warranty, orownerhas, not -.' . resided on theproperty at any timewithinthe priorthree (3) years. ~e.e Tenn. Code Ann § 66-5c209). . .
3713 39
contract. .
Sellers mustinform the buyers, at or before closing, of any inaccuracies or material changes in the condition .occurred since the time of the initial Disclosure, or certify that there are no changes. '.
20
26
must give ~I1ebuyers the Di~~losU!~eform before the acceptance
on the
otherviise,
seller
.' .'
form fromthesel lers ifthe sellersprovide § 66'5_~202), ' . .' . .:
Remedies forn;isr~presel1tationsor\iondis21~sureil~ ahop~rty-Condition:[)iscloslJre buyer and areset outfully ill Tenr'i>c6de Allti:'§66_5~208. Buyershould.consult matters. . .. ."
a . .
statement I}laybe available to with an attorneyregarding any such .
.'
the 'DisClosure foni~ are those 'of the sellers ~nly',and not of any real estate licensee, although . 15. Representationsjn licensees are required to disclose to all parti~s'adversefacts of which thelicensee has actual knowledge or notice.
I ~fn
LiltSJ This
I
Copyright 2011 © Tennesse~ F43 - Tennessee Residential
document
was
Association of Realto;s" Property Cnndition Disclaimer
generated" using
the
In~tanet
Forms
. Statement,
Document
." Page 1 of 3
Hanagement
Service,
Modified instanetforms.com.
011
110112011
.
44 45 46
16, Pursuant to Tenn. Code Ann, § 47-18-104(b), sellers of newly constructed residences on a septic system are prohibited from knowingly advertising or marketing a: homeas having more bedrooms than are permitted bythe subsurface sewage disposal system permit.
47
17. Seilei'~niustdisclose thepresence of any known exterior injection 'Nell, the results of ~nyknow11 percolation test or soil . absoi-ptionrate performed .0l:J the property that isxietermined or-accepted by; the Department of Envil-onment and Conservat;on;~nd,whether the property islocafed-ivithinaPla:imed Unit Development as defined hYTel1li, Code Ann §66-5-213 and; if requested, provide buyers with a copy of the development'srestrictive covenants, homeownerbylaws and masterdeed. Sellers' must also disclose if theyhaveknowledge that the residence has ever been moved from an exislingfounoationto another foundation, ' _., --_-- _ - -: ',' .-' -_ - -: ." ,", -
48 49.
50 51 ".52 53 '54 55. 55 57 58
59 60 61
T!1eBuyel'saild Sellers involved in the current or, prospective real estate transaction for the plopertylisted above acknowledgethatthey were informedof.their rightsand obligations regarding R'-esidentialPrope~tyDisclos\)res, and thatthis -. information.was provided by the real estate.Iicenseets) prior to the completion or reviewing of a: Tel1ness~e.Residential PropertyCondition.Disclosure, Tennessee Residential Property Condition DiscIaimerStatementora TennesseeResidential. Property CbndltionExemptionNotificaiion, : Eu yers and. Sellers also acknowledgethatthey were advised to seek the advice of an attorney-on any legalquestions they Ihayhaverygardingthisinfbrmation~r priorto taking any legal actions, '. .
63
The Tennessee Residential Property Disc10sur:e Act <slates that'anyone transferring title to resid~ritiaF real property must provide information abol;t'the condition of the property. Tbis completed f01111constitutes thatdisclosul'e by the' Seller The infon11ationcontained in the disclosure is the representation of theownerand not the representation tl~e real estate licensee orsales person; ifany. This is notawarranty or a substitute for anyprofessi6nal1l1spections or warranties thatthepurchasers may wish toobtain, . . - .
64 65 66. 67 68 69 70
Pursuant to Tenn. Code Ann, § 66-5~212;' Sellers are .required to disclose,' in-'writing,the presence of any knowli6xterior injection well on the Property, whether the Sellers have knowledge that any single. family residence on the Properly has ever been moved from anexisti;lg foundation -to another foundation, whether the Sellers have knowledge of any percolation tests or soil absorption rates- performed on: the Property that are deteri11ined or accep-ted by the Tennessee Department of Environment and Conservation and the results of said tests. and/or rates, Sellers, pursuant to Tenn. Code Ann, § 66-5-213, are also required to disclose in writing if the Property is located in a Pla-nned Unit Development and upon request, provide buyers with a copy of the development's restrictive covenants, homeowner bylaws and master deed,' -
71
CHECK
72
YES
.62
of
NO·, ..
.74.
ALL THAT APPLY:
/
UNKOVVN
o
~/··o
0_
V····o
a
:2,
Seller knows. that single family residence existing foundation to another foundation,
75 76
o
78 0-
=:>
4,
~.
D
...
located onProperty .
84 85,
86
.in ,88.
89 90 .'.
.:.
.
,"
",
Buyers and Sellers sh ould b c awnreth atan y sale:sagrcementexecutedbetween .. to the terrus of sale, property included inth e s'dle and ~ny obli"g8tions-on'the below au d/o r thco b liga tio n of tile buyer toacccpt such items "as is,"
~ This
zuu
Copyright 1743 - Tennessee
document
wa
s
from an
·This Properryislocatedin aPlall1~ed Unit Devclopirient.: Plan\~ed Ul;itD~;jelopil~eiltls··· .' . definedpursuant to Tel1n, C:ode.Ann, §. 66':S-213as'iatfarea of land, controlled by one (I) Or more landciw·nerS,tobedevelcipedlll1der unified controlior-unified plan of development for-a numberofdwelling units, commercial.ceducaticnal, recreational or industrial uses, or any combination of. theToregoiug, .the pian for which does not cotresjJondiriloisize;;b'ulk6rtype' of Use; d¢risity;' 10rSo~erage;~perisr)ace, 'orother ..'.-restrictionstothe existii-igjillld use regulati();lS, " Uponrequest, Seller shall provide to ..buyerscopiesof thedevelopment's restrictive covenants, homeowner bylaws and master . deedrUnknown.is not anappropriate response under thesta):Ufe:··· .
83
Ir---r-'fl) I
hasbeel~li~ov~d ,.
r
-5::'
82
..
,"
the Property,
.Seller knows ofsoilabsorptionratets). that has beenperformed.on the property that is .. detell1lined 'oraccepted.by the Tennessee Dep~1:tiile1~t of Environment and Conservation If yes, results. of ratefs) are a:hached,' •. . .. .. . ". ,.' . .
80 81
91 92 93
.
-. sellei- knows of a percolation testes) that has been perf01111edonthePi-ope;ty that is . ..... deteril1ined or accepted by the Tennessee Department of Environment and.Conservation: . . If )'es; results of testes ) are' attached_ ' . .. .'
...~'.
77 79
....":'
.
Seller knows of the presence of an exterior injectionwellon
© Tennessee Re sidentia!
generated
Association ot Reattors" Prnp ertv Condition Disclaimer
us·i~g
the
Instanet
Forms
Do
Statement, c
ume
n
t;
tde.na
Page q erne
the patties will supersede this form as part of the seller to repair-itenisiclentified -
2 of 3 n
t;
Service,
Modified W'...r •... r
,
Ln
s
t.a
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.
com.
on 1/01/1011
94
RESIDENTIAL PROPERTY DISCLAIlVIER STATElVIENT
97
NOTE TO SELLER(S): Sign this stateillent only if you elect to ~el1thepropertywithoutl:epresentalions and w~rranties as to . its condition, except as otherwise provided in the Purchase Contract; otherwise, complete arid sign the RESIDENTIAL PROPERTY CONDITION DISCLOSVREforJ,l1
98··
Pr~pertyAddi:ess/Legal Description:
95
96
99. 100 101 102 103
Thel1ndersignedSell~r(s) of the-real propertydescribed above rnakesno representations-or warranties .as to the condition of . the.realproperty.or any improvements thereonand the Buyeus) .willbe receiving the real-property "as is"; that is, with all', defects which-may exist, if any, except as otherwise provided in the real estate PurchaseContract, . .. . ..
104 105 106
SELLER(S) ACK1\TOWLEDGEMENT.·
'.'
.:
. ......,
,
. :,.
.
...•
'.
.' .'
The.Seller(s)ackil0wledge having carefully examined this' statement and further acknowledgethattheyhave '.•of their rights and obligations under the Tennessee Residential.Property Disclosure Act '.
be~n informed'
of it GOPy:
The artyj ies) belowhave signed and acknowledge.receipt .108 . 109 110 111 112
113 114 115
116 117
oclocko
·at·. . ~~~--~
--~~--~~--
ami
0
pm
Date'
13UYER(S) ACK1'lO\VLEDGElYIENT . .. ". '.' .' .' . . . . A disclaimer statement may onlybep errnitted where the purchaser waives the required disclosure under. Tenn. Code Ann, § 66-5-202. Buyers acknowledge that by signing below they ar e waiving their statutory right to the Sellers Property Condition Disclosure. The Buyer(s) acknowledge receipt of this disclaimer statement and further acknowledge that they have been informed of their rights and obligations under the Tennessee Residential Property Disclosure Act. Theparty(ies) below have signed and acknowledge receiptof a copy.
118 1.19
BUYER
.120 121
BUYER at'~ __
--~--c-----
'122 .
-;-_ o'clock
0
ami
0
pm
Date
--"-'~__ Date
"-~_"-
'It _-'-_~-'-c- oclocko
ami o pm .
If the.property being purchased is a condominium, tile transferee/buyer is herebygiven notice that the transferee/buyer is .. entitled, uponrequest, to receive certaininformation regarding tile adl\~ii~istratibgofihe condominium from the developer or 125. . the condominium association, as applicable, pursuantto Te11l1esseeCOdeAnilotated§ 66-27-5b~. . . . ..". . ".: -' . .
123 "124
-
.'
",.,:
",
-
NOT~. This form is p;ovided by 7~4RIO;ls:iI1el;'b:isjor ri,eir 'use in realeSI~i~~ral:;aCI;6lJSanr'~:;Obetl~;(;;S is Byll:,,;nioadlllg and/or li:ingthis;OI"m. you agree" Gild covenant 110(' (0 alter, amend, o~· edit SOld [onn orits contentsexcept as where.pr 'ovided inthe blank fields, and-agree and acknowledge that " 011Y slf~h alteration, amendment 01." edit of said fonn is"done a.' ).:olfr own risk. Use of the T!lR lJgo. in ~'onjwlctioll withany f?rm other than standardized [orms created by TAR is strictly prohibited. This fon» is subject to periodic revision and itts (hk rp's/JO/Jl·fbJlil)'.~ftha.~n~mper·to use the ~1105{ s-ecant . ovoilable form. . .
I
~
L:!lt:SJ .Th i s
Copyright
2011 © Tennessee
F43 - Tennessee
document.
we s
Residential
generated
Association'
OfReaItOrs'~'"
Prope r ty Condition
using
the
Instanet
.
Disclaimer Forms
..... ".
Staternent.T'age
Document
Nari a
.
.
.
3 of 3 q eme
n t; Service,
Modified ''''h'',tJ.instanetforms.com"
on 110112011
Prop;rty Buyer:
3
. Seller:"
1
4.
5 6 7
8 .9
10 11
.t\ddress:\
qD'~\r\ '.. . . .:'
~q
\U)I •. '. . . .' '.
)'CI(Xn,U\U.r!bfTJJ·· .,: '.' J. '.,..
.
.L ()}-:!\Ll\usk~-l \hhDW~ .... '. ". . . . .
.
.....
· .The Tennessee Residential Property .Disclosure Actrequ ties seliers ofresidenfial real property. with 011e to four dwelling · units to furnish. to a. buyerone of the following: (Lj.a residentiatpropefry discloslu'estatement (tlle"Disclosi.ire"),or (2}a .residentia t property disclaimer stateruentfpermitted onlywhere .the buyer waivesthe required Disclosure)" Some property transfersmay be" exemptfrorn this-requirement (see Tenn .. Code 1\11I). § 66-5c209). The followirrgjs a surnmaryofrhe buyers" and" sellers'riglits and obligations -uuder the Act. . A' complete copy or the .Act may be fcuud iat: 11ttp'il\\rww.state. tn. lis! COlJllllerCe!boards/treclindex.shtmL. . . LSellers mllstdiscl~s,ea:Hkllown ;11aterwl defects and ll1Iist:aJ~swer th~ questions the bestofthe seller' sknowledge as of the Disclosure date: .
of a purchas~
Disclosure form in good faiti1fo .
12
2,Sellers
13 14"
3.
15 16 17
4.
Sellers may give the buyers a report or opinion prepared by a professio;lal 1ilspectorm other expert(s), or certain information .provided by a public agency, in lieu of responding to some or all of the questions on the form (See Tenn. Code Ann. §.66-5-204). .
18
5.
.Sellers are not required to have a home inspection
. 19
6.
Sellers are not required to repair any items listed on the Disclosure agreedto in the purchase contract. .
21 22
7.
Sellers. involved il{ thefirst'sale' of a 'dwelling niust disclose the amount of any Impact fees or adequate facility taxes paid. ...•... . . . .... •.. .... .. .' . . .'. . . ..•. .... .
23
8.
SetLersare
liot
transmitted
by occupying'
24
. occurrencewhich
25 9.
27.
28
29 30 31 32' . 33
34 35 36
in order to complete the Disclosure
f0l111or enanypast
or future inspection
.
form. repcirt unless
to disclose if any occupant was Hl V-positive, or had any other disease not lik:ely to be a home, or. whether the home had been the site of a homicide, suicide' or felony, or .act or.' had 110effect ou thephysical structure of the property. .... . .' .. '
required
Selie;:s may provide an.l'as is;',."n~ repr~sei1tationsor. wananiies" disclaimer statement in' lieu of the Disclosure f0l111. only if the buyer waives .the rightto the required disclosure, otherwise the sellers must provide thecompletedDisclosure form (see .Tenu-Code. Aun:-~§ .66:'~:-202}.-· "'. . . . . . .' .. . . .. ' .' '.: : "
\0
.. 11,'· Buyers areacivikedtoirichidehoi~le and :\~Qddi!;fe~iaiion;well, \vat~r sources; septicsystem, lead"basedpai~t;j-ado;~;'" mold, and-other apprbpria'feinspecti~ncoi1tir;gericiesinthe contract, astheDisclosure form is hot a warranty of any kind' by theseller;ai1Ci is not asubstitute for' anywarrautiesor inspections the buyer may desire to purchase. ..' "'~ . 12. Any repair of disclosed cIefe~ts I11U~tbe'l~ego'tiat~d and addies~ed in the Purch~se and Sale Agreement; is notrequiredto repai: anysuch item S. ..• _ . Buyers may~;bur do' no t. have to, wai vethei: righttoreceive the Disclosure disGlaili1~r statement with 'riorepteserit~ti6ns'drwaIT4nties(se~Te,rm,Godei\ni1:
38 14
40 41 42 43
or other investigation
tbathave
· 10 .. Sellers;naybe eX~l11ptfrol11 having complete the' Disclosure form-in ce~tainiill1ited circurnstancesfe.g.vpublic ..... . auctions,C01;;t oIdei~,soiliefQrrdos~i'es arid ban!?:uptcies,;le"v constfuction with written warranty, orownerhas, not -.' . resided on theproperty at any timewithinthe priorthree (3) years. ~e.e Tenn. Code Ann § 66-5c209). . .
3713 39
contract. .
Sellers mustinform the buyers, at or before closing, of any inaccuracies or material changes in the condition .occurred since the time of the initial Disclosure, or certify that there are no changes. '.
20
26
must give ~I1ebuyers the Di~~losU!~eform before the acceptance
on the
otherviise,
seller
.' .'
form fromthesel lers ifthe sellersprovide § 66'5_~202), ' . .' . .:
Remedies forn;isr~presel1tationsor\iondis21~sureil~ ahop~rty-Condition:[)iscloslJre buyer and areset outfully ill Tenr'i>c6de Allti:'§66_5~208. Buyershould.consult matters. . .. ."
a . .
statement I}laybe available to with an attorneyregarding any such .
.'
the 'DisClosure foni~ are those 'of the sellers ~nly',and not of any real estate licensee, although . 15. Representationsjn licensees are required to disclose to all parti~s'adversefacts of which thelicensee has actual knowledge or notice.
I ~fn
LiltSJ This
I
Copyright 2011 © Tennesse~ F43 - Tennessee Residential
document
was
Association of Realto;s" Property Cnndition Disclaimer
generated" using
the
In~tanet
Forms
. Statement,
Document
." Page 1 of 3
Hanagement
Service,
Modified instanetforms.com.
011
110112011
.
44 45 46
16, Pursuant to Tenn. Code Ann, § 47-18-104(b), sellers of newly constructed residences on a septic system are prohibited from knowingly advertising or marketing a: homeas having more bedrooms than are permitted bythe subsurface sewage disposal system permit.
47
17. Seilei'~niustdisclose thepresence of any known exterior injection 'Nell, the results of ~nyknow11 percolation test or soil . absoi-ptionrate performed .0l:J the property that isxietermined or-accepted by; the Department of Envil-onment and Conservat;on;~nd,whether the property islocafed-ivithinaPla:imed Unit Development as defined hYTel1li, Code Ann §66-5-213 and; if requested, provide buyers with a copy of the development'srestrictive covenants, homeownerbylaws and masterdeed. Sellers' must also disclose if theyhaveknowledge that the residence has ever been moved from an exislingfounoationto another foundation, ' _., --_-- _ - -: ',' .-' -_ - -: ." ,", -
48 49.
50 51 ".52 53 '54 55. 55 57 58
59 60 61
T!1eBuyel'saild Sellers involved in the current or, prospective real estate transaction for the plopertylisted above acknowledgethatthey were informedof.their rightsand obligations regarding R'-esidentialPrope~tyDisclos\)res, and thatthis -. information.was provided by the real estate.Iicenseets) prior to the completion or reviewing of a: Tel1ness~e.Residential PropertyCondition.Disclosure, Tennessee Residential Property Condition DiscIaimerStatementora TennesseeResidential. Property CbndltionExemptionNotificaiion, : Eu yers and. Sellers also acknowledgethatthey were advised to seek the advice of an attorney-on any legalquestions they Ihayhaverygardingthisinfbrmation~r priorto taking any legal actions, '. .
63
The Tennessee Residential Property Disc10sur:e Act <slates that'anyone transferring title to resid~ritiaF real property must provide information abol;t'the condition of the property. Tbis completed f01111constitutes thatdisclosul'e by the' Seller The infon11ationcontained in the disclosure is the representation of theownerand not the representation tl~e real estate licensee orsales person; ifany. This is notawarranty or a substitute for anyprofessi6nal1l1spections or warranties thatthepurchasers may wish toobtain, . . - .
64 65 66. 67 68 69 70
Pursuant to Tenn. Code Ann, § 66-5~212;' Sellers are .required to disclose,' in-'writing,the presence of any knowli6xterior injection well on the Property, whether the Sellers have knowledge that any single. family residence on the Properly has ever been moved from anexisti;lg foundation -to another foundation, whether the Sellers have knowledge of any percolation tests or soil absorption rates- performed on: the Property that are deteri11ined or accep-ted by the Tennessee Department of Environment and Conservation and the results of said tests. and/or rates, Sellers, pursuant to Tenn. Code Ann, § 66-5-213, are also required to disclose in writing if the Property is located in a Pla-nned Unit Development and upon request, provide buyers with a copy of the development's restrictive covenants, homeowner bylaws and master deed,' -
71
CHECK
72
YES
.62
of
NO·, ..
.74.
ALL THAT APPLY:
/
UNKOVVN
o
~/··o
0_
V····o
a
:2,
Seller knows. that single family residence existing foundation to another foundation,
75 76
o
78 0-
=:>
4,
~.
D
...
located onProperty .
84 85,
86
.in ,88.
89 90 .'.
.:.
.
,"
",
Buyers and Sellers sh ould b c awnreth atan y sale:sagrcementexecutedbetween .. to the terrus of sale, property included inth e s'dle and ~ny obli"g8tions-on'the below au d/o r thco b liga tio n of tile buyer toacccpt such items "as is,"
~ This
zuu
Copyright 1743 - Tennessee
document
wa
s
from an
·This Properryislocatedin aPlall1~ed Unit Devclopirient.: Plan\~ed Ul;itD~;jelopil~eiltls··· .' . definedpursuant to Tel1n, C:ode.Ann, §. 66':S-213as'iatfarea of land, controlled by one (I) Or more landciw·nerS,tobedevelcipedlll1der unified controlior-unified plan of development for-a numberofdwelling units, commercial.ceducaticnal, recreational or industrial uses, or any combination of. theToregoiug, .the pian for which does not cotresjJondiriloisize;;b'ulk6rtype' of Use; d¢risity;' 10rSo~erage;~perisr)ace, 'orother ..'.-restrictionstothe existii-igjillld use regulati();lS, " Uponrequest, Seller shall provide to ..buyerscopiesof thedevelopment's restrictive covenants, homeowner bylaws and master . deedrUnknown.is not anappropriate response under thesta):Ufe:··· .
83
Ir---r-'fl) I
hasbeel~li~ov~d ,.
r
-5::'
82
..
,"
the Property,
.Seller knows ofsoilabsorptionratets). that has beenperformed.on the property that is .. detell1lined 'oraccepted.by the Tennessee Dep~1:tiile1~t of Environment and Conservation If yes, results. of ratefs) are a:hached,' •. . .. .. . ". ,.' . .
80 81
91 92 93
.
-. sellei- knows of a percolation testes) that has been perf01111edonthePi-ope;ty that is . ..... deteril1ined or accepted by the Tennessee Department of Environment and.Conservation: . . If )'es; results of testes ) are' attached_ ' . .. .'
...~'.
77 79
....":'
.
Seller knows of the presence of an exterior injectionwellon
© Tennessee Re sidentia!
generated
Association ot Reattors" Prnp ertv Condition Disclaimer
us·i~g
the
Instanet
Forms
Do
Statement, c
ume
n
t;
tde.na
Page q erne
the patties will supersede this form as part of the seller to repair-itenisiclentified -
2 of 3 n
t;
Service,
Modified W'...r •... r
,
Ln
s
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94
RESIDENTIAL PROPERTY DISCLAIlVIER STATElVIENT
97
NOTE TO SELLER(S): Sign this stateillent only if you elect to ~el1thepropertywithoutl:epresentalions and w~rranties as to . its condition, except as otherwise provided in the Purchase Contract; otherwise, complete arid sign the RESIDENTIAL PROPERTY CONDITION DISCLOSVREforJ,l1
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Pr~pertyAddi:ess/Legal Description:
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Thel1ndersignedSell~r(s) of the-real propertydescribed above rnakesno representations-or warranties .as to the condition of . the.realproperty.or any improvements thereonand the Buyeus) .willbe receiving the real-property "as is"; that is, with all', defects which-may exist, if any, except as otherwise provided in the real estate PurchaseContract, . .. . ..
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SELLER(S) ACK1\TOWLEDGEMENT.·
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The.Seller(s)ackil0wledge having carefully examined this' statement and further acknowledgethattheyhave '.•of their rights and obligations under the Tennessee Residential.Property Disclosure Act '.
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The artyj ies) belowhave signed and acknowledge.receipt .108 . 109 110 111 112
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13UYER(S) ACK1'lO\VLEDGElYIENT . .. ". '.' .' .' . . . . A disclaimer statement may onlybep errnitted where the purchaser waives the required disclosure under. Tenn. Code Ann, § 66-5-202. Buyers acknowledge that by signing below they ar e waiving their statutory right to the Sellers Property Condition Disclosure. The Buyer(s) acknowledge receipt of this disclaimer statement and further acknowledge that they have been informed of their rights and obligations under the Tennessee Residential Property Disclosure Act. Theparty(ies) below have signed and acknowledge receiptof a copy.
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BUYER
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BUYER at'~ __
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If the.property being purchased is a condominium, tile transferee/buyer is herebygiven notice that the transferee/buyer is .. entitled, uponrequest, to receive certaininformation regarding tile adl\~ii~istratibgofihe condominium from the developer or 125. . the condominium association, as applicable, pursuantto Te11l1esseeCOdeAnilotated§ 66-27-5b~. . . . ..". . ".: -' . .
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NOT~. This form is p;ovided by 7~4RIO;ls:iI1el;'b:isjor ri,eir 'use in realeSI~i~~ral:;aCI;6lJSanr'~:;Obetl~;(;;S is Byll:,,;nioadlllg and/or li:ingthis;OI"m. you agree" Gild covenant 110(' (0 alter, amend, o~· edit SOld [onn orits contentsexcept as where.pr 'ovided inthe blank fields, and-agree and acknowledge that " 011Y slf~h alteration, amendment 01." edit of said fonn is"done a.' ).:olfr own risk. Use of the T!lR lJgo. in ~'onjwlctioll withany f?rm other than standardized [orms created by TAR is strictly prohibited. This fon» is subject to periodic revision and itts (hk rp's/JO/Jl·fbJlil)'.~ftha.~n~mper·to use the ~1105{ s-ecant . ovoilable form. . .
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Copyright
2011 © Tennessee
F43 - Tennessee
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Residential
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Prope r ty Condition
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