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DISCLOSURE STATEMENT: SELLER’S PROPERTY DISCLOSURE STATEMENT This form approved by the Minnesota Association of REALTORS ® , which disclaims any liability arising out of use or misuse of this form. © 2016 Minnesota Association of REALTORS ® , Edina, MN 1. Date 2. Page 1 of pages: RECORDS AND 3. REPORTS, IF ANY, ARE ATTACHED AND MADE A 4. PART OF THIS DISCLOSURE 03/27/2017 10
THE INFORMATION DISCLOSED IS GIVEN TO THE BEST OF SELLER’S KNOWLEDGE.
6. NOTICE: This Disclosure Statement satisfies the disclosure requirements of MN Statutes 513.52 through 513.60. 7. Under Minnesota law, sellers of residential property, with limited exceptions listed on page nine (9), are obligated to 8. disclose to prospective buyers all material facts of which Seller is aware that could adversely and significantly affect 9. an ordinary buyer’s use or enjoyment of the property or any intended use of the property of which Seller is aware. 10. MN Statute 513.58 requires Seller to notify buyer in writing as soon as reasonably possible, but in any event before 11. closing, if Seller learns that Seller’s disclosure was inaccurate. Seller is obligated to continue to notify Buyer, in writing, 12. of any facts disclosed here (new or changed) of which Seller is aware that could adversely and significantly affect the 13. Buyer’s use or enjoyment of the property or any intended use of the property that occur up to the time of closing. 14. Seller has disclosure alternatives allowed by MN Statutes. See Disclosure Statement: Seller’s Disclosure Alternatives 15. form for further information regarding disclosure alternatives. This disclosure is not a warranty or a guarantee of any 16. kind by Seller or licensee(s) representing or assisting any party in the transaction and is not a substitute for any 17. inspections or warranties the party(ies) may wish to obtain. 18. For purposes of the seller disclosure requirements of MN Statutes 513.52 through 513.60: 19. “Residential real property” or “residential real estate” means property occupied as, or intended to be occupied as, a 20. single-family residence, including a unit in a common interest community as defined in MN Statute 515B.1-103, clause 21. (10), regardless of whether the unit is in a common interest community not subject to chapter 515B. 22. The seller disclosure requirements of MN Statutes 513.52 through 513.60 apply to the transfer of any interest in 23. residential real estate, whether by sale, exchange, deed, contract for deed, lease with an option to purchase, or any 24. other option. 25. INSTRUCTIONSTO BUYER: Buyers are encouraged to thoroughly inspect the property personally or have it inspected 26. by a third party, and to inquire about any specific areas of concern. NOTE: If Seller answers NO to any of the questions 27. listed below, it does not necessarily mean that it does not exist on the property, did not occur, or does not apply. NO 28. may mean that Seller is unaware. 29. INSTRUCTIONS TO SELLER: (1) Complete this form yourself. (2) Consult prior disclosure statement(s) and/or 30. inspection report(s) when completing this form. (3) Describe conditions affecting the property to the best of your 31. knowledge. (4) Attach additional pages, with your signature, if additional space is required. (5) Answer all questions. 32. (6) If any items do not apply, write “NA” (not applicable). 33. Property located at , 34. City of , County of , State of Minnesota. 35. A. GENERAL INFORMATION: The following questions are to be answered to the best of Seller’s knowledge. 36. (1) What date did you Acquire Build the home? ------------ (Check one.) ------------ 37. (2) Type of title evidence: Abstract Registered (Torrens) Unknown 38. Location of Abstract: 39. Is there an existing Owner’s Title Insurance Policy? Yes No 40. (3) Have you occupied this home continuously during your ownership? Yes No 41. If “No,” explain: 42. (4) Is the home suitable for year-round use? Yes No 43. (5) Are you in possession of prior seller’s disclosure statement(s)? (If “Yes,” please attach.) Yes No 44. (6) Does the property include a manufactured home? Yes No 45. If “Yes,” HUD #(s) is/are 46. Has the title been surrendered to the Registrar of Motor Vehicles for cancellation? Yes No 3116 W Lake Street Minneapolis Hennepin ✘ ✘ Stewart Title Company ✘ ✘ ✘ ✘ ✘ ✘
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