Ohio Real Estate Property Disclosure

RESIDENTIAL PROPERTY DISCLOSURE

TO BE COMPLETED BY THE OWNER (Please Print)

Property Address: ____________________________________________

Owner’s Name(s): _____________________________________________

Date: _____________, 20____

Owner (__) is  (__) is not occupying the property. If owner is occupying the property, since what date ___________________________.

Purpose of Disclosure Form: This is a statement of the condition of the property and of information concerning the property actually known by the owner as required by ______________ Revised Code Section _________. Unless otherwise advised in writing by the owner, other than having lived at or owning the property, possesses no greater knowledge than that which could be obtained by a careful inspection of the property by a potential purchaser. Unless otherwise advised, owner has not conducted any inspection of generally inaccessible areas of the property. THIS STATEMENT IS NOT A WARRANTY OF ANY KIND BY THE OWNER OR BY ANY AGENT OR SUBAGENT REPRESENTING THE OWNER OF THE PROPERTY. THIS STATEMENT IS NOT A SUBSTITUTE FOR ANY INSPECTIONS.  POTENTIAL PURCHASERS ARE ENCOURAGED TO OBTAIN THEIR OWN PROFESSIONAL INSPECTION.

Owner’s Statement: The representations contained on this form are made by the owner and are not the representations of the owner’s agent or subagent. This form and the representations contained in it are provided by the owner exclusively to potential purchasers in a transfer made by the owner, and are not made to purchasers in any subsequent transfers. The information contained in this disclosure form does not limit the obligation of the owner to disclose an item of information that is required by any other statue or law to be disclosed in the transfer of residential real estate.

 

Instructions to Owner: (1) Answer ALL questions. (2) Identify any material matters in the property that are actually known. (3) Attach additional pages with your signature if additional page is needed.  (4) Complete this form yourself. (5) If some items do not apply to your property, write NA (not applicable). If the item to be disclosed is not within your actual knowledge, indicate unknown.

A. WATER SUPPLY: The source of water supply to the property is (check appropriate boxes): B. SEWER SYSTEM: The nature of the sanitary sewer system servicing the property is (check appropriate boxes): C. ROOF: Do you know of any current leaks or other material problems with the roof or rain gutter? Yes

No

Public Water Service Private Water Service Public Sewer Private Sewer If “YES,” please describe:
Well Holding Tank Septic Tank Leach Field
Cistern Spring Aeration Tank Filtration Bed
Pond Unknown Unknown Other
Other If not a public or private sewer, date of last inspection: If owner knows of any leaks or other material problems with the roof or rain gutters since owning the property (but no longer than the past 5 years) please describe and indicate any repairs completed:
If owner knows of any current leaks, backups or other material problems with the water supply system or quality of the water, please describe:
If owner knows of any current leaks, backups or other material problems with the sewer system servicing the property, please describe:
D. BASEMENT/CRAWL SPACE: Do you know of any current water leakage, water accumulation, excess dampness or other defects with the basement/crawl space? Yes

No

If “YES,” please describe:
If owner knows of any repairs, alterations or modifications to the property or other attempts to control any water or dampness problems in the basement or crawl space since owning the property (but not longer than the past 5 years) please describe:
FOUNDATION, FLOORS, INTERIOR AND EXTERIOR WALLS: Do you know of any movements, shifting, deterioration, material cracks (other than visible minor cracks or blemishes) or other material problems with the foundations, floors, or interior/exterior walls? Yes

No

If “YES,”  please describe:
If you know of any repairs, alterations or modifications to control the cause or effect of any problems identified above, since owning the property (but no longer than the past 5 years), please describe:
F. MECHANICAL SYSTEMS: Do you know of any current problems or defects with the mechanical systems? Yes

No

G. WOOD BORING INSECTS/TERMITES:  Do you know of the presence of any wood boring insects/termites in or on the property or any existing damage to the property caused by wood boring insects/termites? Yes

No

If “YES,” please describe: If “YES,” please describe:
MECHANICAL SYSTEMS: For purposes of this section, mechanical systems include electrical, plumbing (pipes), central heating and air conditioning, sump pump, fireplace/chimney, lawn sprinkler, water softener, security system, central vacuum, or other mechanical systems that exist on the property. If owner knows of any inspection or treatment for wood boring insects/termites since owning the property (but no longer than the past 5 years) please describe:
H. PRESENCE OF HAZARDOUS MATERIALS: Do you have actual knowledge of the presence of any of the below identified hazardous materials on the property? YES NO UNKNOWN
1. Lead Based paint
2. Asbestos
3. Urea-Formaldehyde Foam Insulation
4. Radon Gas
a. If “YES” indicate level of Gas if known:
5. Other toxic substances
If the answer to any of the above questions is “YES,” please describe:
I. DRAINAGE:  Do you know of any current flooding, drainage, settling or grading problems affecting the property? Yes

No

J. CODE VIOLATIONS: Have you received notice of any building or housing code violations currently affecting the use of the property? Yes

No

L. OTHER KNOWN MATERIAL DEFECTS: The following are other known material defects currently in or on the property:
If “YES,” please describe: If “YES,” please describe:
If owner knows of any repairs, modifications or alterations to the property or other attempts to control any flooding, drainage, settling or grading problems since owning the property (but no longer than the past 5 years), please describe: K. UNDERGROUND STORAGE TANKS/WELLS:  Do you know of any underground storage tanks, oil or natural gas wells (plugged or unplugged), or abandoned water wells on the property? Yes

No

For purposes of this section, material defects would include any non-observable physical condition existing on the property that could be dangerous to anyone occupying the property or any nonobservable physical condition that would inhibit a person’s use of the property.
If “YES,” please describe:

 

Owner represents that the statements contained in this form are made in good faith based on his/her actual knowledge as of the date signed by the Owner.

OWNER: __________________                    DATE: ____________________

OWNER: __________________                    DATE: ____________________

RECEIPT AND ACKNOWLEDGMENT OF POTENTIAL PURCHASERS

Potential purchasers are advised that the owner has no obligations to update this form but may do so according to Revised Code Section ________ . Pursuant to _________________ Revised Code __________, if this form is not provided to you prior to the time you enter into a purchase contract for the property, you may rescind the purchase contract by delivering a signed and dated document of rescission to Owner or Owner’s Agent, provided the document of rescission is delivered prior to all three of the following dates: (1) the date of closing; (2) 30 days after the owner accepted your offer; and (3) within 3 business days following your receipt of your agent’s receipt of this form or an amendment of this form.

I/WE ACKNOWLEDGE RECEIPT OF A COPY OF THIS DISCLOSURE FORM AND UNDERSTAND THAT THE STATEMENTS ARE MADE BASED ON THE OWNER’S ACTUAL KNOWLEDGE AS OF THE DATE SIGNED BY THE OWNER.

My/Our Signature below does not constitute approval of any disclosed condition as represented herein by the owner.

PURCHASER: __________________            DATE: ___________________

PURCHASER: __________________            DATE: ___________________

State Specific Real Estate Forms

–For State Specific Real Estate Forms you can download in Word format, go to http://www.uslegalforms.com/realestate/


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