Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

1
Posts
0
Votes
Caroline P.
  • Cupertino, CA
0
Votes |
1
Posts

property disclosure completely blank

Caroline P.
  • Cupertino, CA
Posted

Hi,

I am in the process of buying my first property (fourplex) in montana.  I was provided with the seller's property disclosure form this morning.  He left the entire thing blank, and signed his name on the bottom.

What I want to do is reject it, ask that he checks the boxes that don't allow a blank answer ("has knowledge" or "has no knowledge"), and write "N/A" or "no knowledge" on any line items that are only a write-in answer.  He also did not check boxes for "airport affected area" (it is directly next to an airport) or "property leases, crop share agreements..." (leases w/ tenants are in place).

I know he has had some hefty repair bills in the past from looking at his cash flow statement; can I rightfully expect him to acknowledge those on the disclosure (even for things like "fixed running toilet")?

He did not occupy the property; the property management company ran it the entire time.  Is it normal/accepted to have a property management company fill out a disclosure in the case of non-owner occupancy?  

Please let me know if you have any advice on how to deal with this.  I know my inspector will catch most things that could be wrong with the property, but I don't like the seller's dishonesty about blatantly obvious items.

Thanks!

CP