Disclosures

Question 1

Agency Disclosures are provided in….

Answer 1

G&A form or CAR form. Either is acceptable as long as it’s executed properly.

Question 2

Aside from the Agency Disclosures, you will have STATE required disclosures for each transaction depending on the type of transaction - Found on CAR Forms Are….

Answer 2

Commerical Transactions
Vacant Land Transactions
Multi-Family

Question 3

Commercial Transactions Include…
(THE 6)

Answer 3

-Seller Property Questionnaire (SPQ)
-Statewide Buyer and Seller (SBSA)
-Market Conditions Advisory (MCA)
-Wire Fraud (WFA)
-Fair Housing and Discrimination (FHDA)
-California Consumer Act (CCPA)

Question 4

Vacant Land Transactions Include…
(3)

Answer 4

-Vacant Land Property Questionnaire (VSPQ)
-Seller Vacant Land Advisory (VLA)
-SBSA, MCA, WFA, FHDA, CCPA

Question 5

Multi-Family Transactions Include…
(9)

Answer 5

-Real Estate Transfer Disclosure -Statement (TDS -for each unit)
-Seller Property Questionnaire (SPQ-For each unit)
-Lead Base Paint Hazard (FLD)
-Water Heater/Smoke Detector (WHSD)
-Earthquake Risk Disclosure -Statement (5_RPT_SIG…in EPUBS in CAR)
-Local Option, Farmers rights to farm (typically provided by escrow but a copy is in G&A templates)
-Agency Visual Inspection Disclosure (AVID-for each unit)
-Tenant Estopples (TEC for each unit)
-SBSA, MCA, WFA, FHDA & CCPA