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Nevada – Seller’s Real Property Disclosure Form
Property inspection is performed once you fill up Real property Disclosure form
Seller’s Real Property process is somewhat similar to that of other states where the closing agent from a title company is needed to complete transaction. Free Nevada-Seller’s Real property Disclosure form needs to be signed and necessary payment are done on settlement date. The agent will then disburse the funds and listing agent will deliver key to property to buyer.
The fund of buyers is managed by third party until the property agent verified that both parties have performed their responsibilities in transactions. Once the transaction is done, new title gets prepared for real estate property.
Once the offer gets accepted by seller and contract is signed the process gets started. A deposit is made along with real estate brokerage of seller. The attorney will depend on contract and will suggest not to sale it directly.
The review of buyers and disclosures are attached to standard form along with purchase contract. The disclosures may vary widely depending on property type and often includes the flaw associated with property. Improvements repair and environmental hazards are mentioned. In Nevada, a mandatory form needs to be filled known as Sellers’ real property disclosure form.
Buyers adopt due diligence period in order to perform inspection of property and also consider different factors that might influence their happiness. Printable real estate form needs to be filled up and this contract can also be terminated by buyer and get their deposit during the diligence period.
In Nevada, common inspection is followed that may include initial inspection performed by licensed people and also termite inspection is performed.
Where to download Nevada – Seller’s Real Property Disclosure Form Template?










Sample Template Preview
Nevada.
SELLER’S REAL PROPERTY DISCLOSURE FORMIn accordance with Nevada Law, a seller of residential real property in Nevada must disclose any and all known conditions and aspect of the property which materially affects the value or use of residential property in an adverse manner (see NRS 113.130 and 113.140).
Date:_________
Property address:_________
______ Check here if the Seller is exempt from the completion of this form pursuant to NRS 113.130(2).
Purpose of Statement: (1) This statement is a disclosure of the condition of the property in compliance with the Seller Real Property Disclosure Act, effective January 1, 1996. (2) This statement is a disclosure of the condition and information concerning the property known by the Seller which materially affects the value of the property. Unless otherwise advised, the Seller does not possess any expertise in construction, architecture, engineering or any other specific area related to the construction or condition of the improvements on the property or the land. Also, unless otherwise advised, the Seller has not conducted any inspection of generally inaccessible areas such as the foundation or roof. This statement is not a warranty of any kind by the Seller or by any Agent representing the Seller in this transaction and is not a substitute for any inspections or warranties the Buyer may wish to obtain.
Instructions to the Seller: (1) ANSWER ALL QUESTIONS. (2) REPORT KNOWN CONDITIONS AFFECTING THE PROPERTY. (3) ATTACH ADDITIONAL PAGES WITH YOUR SIGNATURE IF ADDITIONAL SPACE IS REQUIRED. (4) COMPLETE THIS FORM YOURSELF. (5) IF SOME ITEMS DO NOT APPLY TO YOUR PROPERTY, CHECK N/A (NOT APPLICABLE). IF YOU DO NOT KNOW THE FACTS, CHECK UNKNOWN. EFFECTIVE JANUARY 1, 1996, FAILURE TO PROVIDE A PURCHASER WITH A SIGNED DISCLOSURE STATEMENT WILL ENABLE THE PURCHASER TO TERMINATE AN OTHERWISE BINDING PURCHASE AGREEMENT AND SEEK OTHER REMEDIES AS PROVIDED BY THE LAW (see NRS 113.150).
Systems / Appliances: The items below are free from defect:
YES NO UNK N/A
Electrical System _________
Plumbing / Sewer System._________
Septic tank & leach field _________
Well & pump _________
Yard sprinkler system(s) _________
Space heating system _________
Space cooling system _________
Solar heating system _________
Fireplace & chimney _________
Wood burning system _________
Garage door opener _________
Water treatment system _________
Water heater _________
Toilet(s) _________
Bathtub(s) _________
Shower(s) _________
Sink(s) _________
Sauna / hot tub(s) _________
Built-in microwave _________
Range / oven / hood-fan _________
Dishwasher _________
Garbage disposal _________
Trash compactor _________
Central vacuum _________
Alarm system _________
_________ owned _________ leased
Smoke detector _________
Intercom _________
Home entertainment system _________
Other_________
EXPLANATIONS: Any “No” must be fully explained. Attach additional sheets if necessary. _________
Property conditions, improvements and additional information:
YES NO UNK N/A
Are you aware of any of the following:
1 Basement / Crawl space: Previous or current moisture conditions? _________
2 Land / Foundation:
(a) Any of the improvements being located on unstable or expansive soil? _________
(b) Any foundation sliding, settling, movement, upheaval, or earth stability problems that have occurred on the property? _________
(c) Any drainage, flooding, water seepage, or high water table? _________
(d) The property being located in a designated flood plain? _________
3 Roof: Any problems with the roof? _________
4 Structure: Any structural conditions that could affect the value or use of the property? _________
5 Pool/spa: Any problems with structure, wall, liner, or equipment? _________
6 Infestation: Any history of infestation (termites, carpenter ants, etc.)? _________
7 Environmental: Any substances, materials, or products which may be an environmental hazard such as, but not limited to, asbestos, radon gas, ureaformaldehyde, fuel or chemical storage tanks, contaminated water or soil on the property? _________
EXPLANATIONS: Any “Yes” must be fully explained. Attach additional sheets if necessary. _________
LEAD-BASED PAINT: Was the property constructed on or before 12/31/77? _________
(If yes, additional Federal EPA notification and disclosure documents are required)
(a) Does the property have lead-based paint or lead-based paint hazards? _________
(b) Is a lead-based paint report available? If yes, please attach. _________
Other items: Are you aware of any of the following:
1 Any features of the property shared in common with adjoining landowners such as walls, fences, road, driveways or other features whose use or responsibility for maintenance may have an effect on the property? _________
2 Any encroachments, easements, zoning violations or nonconforming uses? _________
3 Any “common areas” (facilities like pools, tennis courts, walkways or other areas co-owned with others) or a homeowner association which has any authority over the property? _________
(a) Common Interest Community Declaration and Bylaws available? _________
(b) Any periodic or recurring association fees? _________
4 Any litigation, arbitration, or mediation related to property or common area? _________
5 Any assessments associated with the property (excluding property taxes)? _________
6 Any construction, modification, alterations, or repairs made without required permits? _________
7 Any problems with water quality or water supply? _________
8 Water source: _________ Municipal _________ Community _________Well _________Private Well _________ Other
9 Wastewater disposal: _________ Municipal _________ Sewer _________ Septic System _________ Other
10 Any other conditions or aspects of the property which materially affect its value or use in an adverse manner? _________
EXPLANATIONS: Any “Yes” must be fully explained. Attach additional sheets if necessary. _________
The above information is true and correct to the best of seller’s knowledge as of the date set forth above. SELLER HAS DUTY TO DISCLOSE TO BUYER AS NEW DEFECTS ARE DISCOVERED AND/OR KNOWN DEFECTS BECOME WORSE (See NRS 113.130(1)(b)).
Seller(s):_________ Date: _________
Seller(s):_________ Date: _________
BUYER MAY WISH TO OBTAIN PROFESSIONAL ADVICE AND INSPECTIONS OF THE PROPERTY TO MORE FULLY DETERMINE THE CONDITION OF THE PROPERTY AND ITS ENVIRONMENTAL STATUS. Buyer(s) has/have read and acknowledges receipt of a copy of this Seller’s Real Property Disclosure Form and copy of NRS Chapter 113.100-150, inclusive, attached hereto as pages 3 and 4.
Buyer(s):_________ Date: _________
Buyer(s):_________ Date: _________
_______________
[Seller(s) initials]
_______________
[Buyer(s) initials]
Buyers and sellers of residential property are advised to seek the advice of an attorney concerning their rights and obligations as set forth in Chapter 113 of the Nevada Revised Statutes regarding the seller’s obligation to execute the Nevada Real Estate Division’s approved “Seller’s Real Property Disclosure Form”. For your convenience, Chapter 113 of the Nevada Revised Statutes provides as follows: _________[reproduce text of statute here].
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