Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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

Updated over 8 years ago on .

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