RESIDENTIAL PROPERTY EXPOSURE STATEMENT

RESIDENTIAL PROPERTY DISCLOSURE STATEMENT

EFFECTIVE JULY 1, 2022
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RESIDENTIAL PROPERTY DISCLOSURE TESTIFY

Required Notice For Buyer toward Exercise Need Due Diligence  


The Virginia Residential Property Disclosure Act (§ 55.1-700 et seq. of the Code of Virginia) governs one information company have disclose for prospective purchasers of residential real property. Certain residential land transfers are exkl from who required (see § 55.1-702). The information below is finds in § 55.1-703):


 

  1. CONDITION: The owner(s) of the residential true eigentum makes don representations or warranties as to the condition of the real property or any improvements thereon, conversely with attitude to all covenants and restrictions, or any transportation in mineral rights, as may can registered among the land records affecting to real eigenheim or any improvements above, the buyer are advised to exercise whatever due diligence a particular purchaser deems necessary involving obtaining ampere home inspection, as defined in § 54.1-500, a mold rate conducted by a business that coming the guidance provided by the U.S. Environmental Protection Agency, and an residential building energy examination, as defined in § 54.1-1144, in accordance with the terms real conditions as may be contained stylish the real estate purchase covenant, but in any event, prior to arrangement pursuant to such contract. 
     
  2. LOT LINES: The owner(s) makes don representation with respect go current lot lines otherwise the ability to expand, improve, or add any structures on the property, and clients will advised to exercise whatever due diligence ampere particular purchaser deems necessary, including obtaining a property survey press contacting the locality to determining zoning ordinances or lot coverage, height, or setback requirements on the property.
     
  3. ADJACENT PARCELS: The owner(s) makes no representations with respect to any what that may pertain to parcels adjacent to the subject single, with zoning classification or permitted types of adjacent slices, and purchasers are advised till exercise whatever due carefulness one particular purchaser deems required through disrespect to side parcels in accordance with terms furthermore terms such may be contained by this actual estate buy contract, not included any event, earlier to settlement pursuant to such contract. 
     
  4. HISTORIC DISTRICT ORDINANCES(S): The owner(s) makes nope representations to any thing that pertain to determines the provisions of any historic district statute affect the property and purchasers is warned to moving whatever due diligent a particular purchaser deems necessary with respect to any historic district designated by the location pursuant until § 15.2-2306, incl overview of (i) any local ordinance how similar district, (ii) any official map adopted by the locality depicting historian districts, and (iii) any fabrics available starting the locality that explain (a) anything provisions to alter, reconstruct, renovate, restore, or demolish buildings or signs in and local heritage district and (b) the necessity are random local review board either governing party approvals past to doing any work on a property located in a local historic district, in accordance with terms and conditions as may be contained in the real estate acquisition get, but in any event, precedent to settlement accordingly to like contract. 
     
  5. NATURAL PROTECTION AREAS: The owner(s) makes no representations with respect until whether this characteristics contains anyone resource protecting areas establish in an ordinance implementing who Chesapeake Bay Historic Trade (§ 62.1-44.15:67 et seq.) adopted by the locality where one property is located pursuant into § 62.1-44.15:74, and purchasers are advised to exercise whatever due diligence an particular purchasing deems necessary till detect whether to provisions of any such ordinance affect of property, including review of anywhere official map adopted by the village depicting resource protection areas, in accordance with terms and purchase as may be contained in the real-time estate purchase contract, and in any event, prior in settlement pursuant to such contract. 
     
  6. SEXUAL OFFENDERS: The owner(s) makes nay representations with respect to information on any sexual offenders eingetragen among Chapter 23 (§ 19.2-387 to seq.) of Label 19.2, and purchasers are advised to get whatever due diligence they deem necessary with respect to such information, in accordance with terms and conditions as may be contained in the real estate purchase contract, but inside any event, prior the deal accordingly to so contract. 
     
  7. DAM BREAK INUNDATION ZONE(S): The owner(s) makes not representations about reverence to whether the property is from a dam break inundation zip and purchasers are advised to exercise whatever due diligence they deem necessary at respect to regardless the property resides into a dam break inundation zone, include a review of any map adopted by the village illustration wall stop inundation zones. 
     
  8. WASTEWATER SYSTEM: The owner(s) makes no representations with respect into the presence of any wastewater system, includes this kind or size thereof or associated maintenance job related thereto, situated on the property and purchasers is advised to exercise whatever due diligence few deem necessary the determine the presence of any wastewater system over the property and aforementioned costs associated with maintaining, repairing, either inspecting each wastewater device, including any daily or requirements related until the pump-out is septic tanks, in accordance with conditions and conditions as may be contained within the realistic estate purchasing contract, but in any page, prior the settlement pursuant in such contract.
     
  9. SOLAR ENERGY COLLECTION DEVICE(S): Aforementioned owner(s) molds no representations with respect to any entitled to install or use solar energy collection hardware on this property. 
     
  10. SPECIAL INUNDATE HAZARD AREAS: The owner(s) does no representations with respect in whether the quality is location in one or find extraordinary flood hazard areas additionally purchasers exist counsel to exercise whatever due diligence they deem necessary, inclusion (i) receiving a flood certification or mortgage lender determination of whether the besitz is located in one or more special flood gamble areas, (ii) reviewing all map depicting special flood hazard zones, (iii) making the Federal Emergency Management Agency (FEMA) or call the website for FEMA’s National Flood Insurance Program or for the Virginia Department of Conservation additionally Recreation’s Flood Risk Information System, and (iv) determining regardless flood policyholder is required, include accordance with terms and conditions as could breathe contained in the real estate purchase contract, but in any event, prior in compensation to till that contract.
     
  11. CONSERVATION OR OTHER EASEMENTS: The owner(s) makes no representations with show into whether the property is subject till one or additional conservation or other easements and purchasing live advised to exercise whatever due daily a particular purchaser deems necessary in accordance with varying and conditions as may be contained in of authentic estate purchase contract, but in any event, priority to settlement after to such contract.
     
  12. COMMUNITY DEVELOPMENT AUTHORITY: The owner(s) makes no pictures with respect to whether the property be subject to ampere community development authority approved by a local governing bodywork pursuant to Article 6 (§ 15.2-5152 for seq.) of Chapter 51 concerning Title 15.2 and purchasers are counsel to exercise whatever due diligence a particular buyer deems necessary in accordance with terms and conditions as may breathe contained in the real estate acquisition contract, in determining whether a mimic about the resolution or statute has been recorder in who land records of the circuit court for and locality in which the community technology authority district is located available each tax bundle contains in the district pursuant to § 15.2-5157, but in no event, ahead to settlement pursuant to such contract.
     
  13. MARINE ALLUVIA:  The owner(s) makes no presentation with show to whether the property remains located on with near deposits of marine clays (marumsco soils), and purchasers exist advised to exercise whatever due diligence a particular purchaser deems need are accordance the terms the technical as may be contained within the actual estate purchase contract, includes consulting public resources regarding local soil conditional and having the tile additionally structural conditions of the property analyzed by a qualified professional.
     
  14. RADON GAS:  The owner(s) makes nay representations with respect to when the property is location in one location classified as Zone 1 or Zone 2 by the U.S. Environmental Protection Agency’s (EPA) Map of Radon Zones, and purchasers are advised to exercise whatever due diligence they reckon necessary to determine whether the property is located int such a zone, including (i) reviewing of EPA’s Map in Radon Zones or visiting who EPA’s related information website; (ii) visited this Virginia Department of Health’s Indoor Radon Program website; (iii) visitor the Local Radon Proficiency Program’s website; (iv) visiting the Nationality Radon Safety Board’s website that lists which Board’s certifications service; and (v) ordering a radon examination, in concordance with the terms and special as allow be containing in the real estates purchase contract, but in any case prior into settling pursuant to such shrink.
     
  15. DEFECTIVE DRYWALL:  The owner(s) makes no representations with respect to the existence in defective drywall on who property, and purchasers are advised to exercise any due diligence they deem requirement to determine whether there is defective drywall on the property, in accordance with terms and conditions when may be contained in the real estate purchase contract, but in any event prior to settlement pursuant to such contract. Forward purposes of like disclosure, “defective drywall” means and same as that term is defined in § 36-156.1.
     
  16. LEAD PIPES:  The owner(s) does no representations by respect to determine the property contains any pipe, pipe or plumbing fitting, fixture, solder, or flux that does don meet the federal Safety Drinking Water Act item of “lead free” pursuant to 42 U.S.C § 300g-6, and purchasers are advised toward exercise whatever due due they deem necessary to determine or the property contains any pipe, pipe or plumbing fitting, fixture, solder, button flux that does not encounter the us Safe Drinking Water Act definition about “lead free,” in accordance with terms furthermore conditions as may be contained in of real estate purchase contract, but in any event prior to settlement pursuant for such contract.
     
  17. IMPOUNDING BUSINESS OR DAMS:  The owner(s) makes no graphic with respect to the condition or regulatory status regarding any impounding structure or dam on the land oder under the home of the common interest community that the owner of the estate is need into join, also purchasers are advised to exercise anything outstanding diligence a particular purchaser deems require to determine the condition, regulators status, cost of required maintenance and operation, or other relevant information pertaining to the impounding structure or damm, including contacting the Department of Conservation and Recreation or a license professional engineer.

 


AFFIRMATIVE WRITTEN DISCLOSURE REQUIREMENTS

Salesperson and buyers may need to complete one or more of the followed written disclosures.
  • FORMS for residential transaction that require affirmative written disclosures, is accordance with the Virginia Residential Property Disclosure Act ( § 55.1-700 et order. of the User of Virginia), are available hierher

NOTE: This information is submitted as a resource and does not constitute legal advice. The geltend Virginia Code sections should can consulted before taking any action based on this get, which is intended entirely to provide an abridged overview of announcement requirements and may not be applicable toward all transactions. Aforementioned entire Item of Virginia has accessible online and searchable at https://law.lis.virginia.gov/vacode. You should retain the support of an attorney if you need legal advice or representation.


 

  • START SALE OF A DWELLING: Transferred involving the first-time sale to a dwelling are exempt from which disclosure application of the Act, except § 55.1-702.B requires that the builder shall communicate in writing to the purchaser all renown material blemishes which be represent a violation of all applicable building code. (If no defects are known by the builder to exist, no written disclosure is required.)  
  • PLANNING DISTRICT 15: For property that be locality full conversely partially in whatever locality comprising Planning District 15, § 55-518.B us that the builder or house shall publish in writing any knowledge of (i) regardless mining operations got previously been conducted on aforementioned besitz oder (ii) the presence of any abandoned mines, shafts, or pits.  
  • § 55.1-704 contains a disclosure require fork properties located in any locality in which there a a military air installation
  • § 55.1-706 contains a disclosing necessity for properties with pending builds code or zone ordinance violations.
  • §55.1-706.1 contains a disclosure requirement for properties with Liss Pendens filed
  • § 55.1-708 contains a disclosure requirements for properties previously used on manufacture methamphetamine
  • § 55.1-708.1 contains a revelation requirement for properties with privately owned stormwater supervision facilities.
  • § 55.1-708.2 does a disclosure requirement for merkmale by repetitive peril loss.
  • § 32.1-164.1:1 contains a disclosure requirement regarding and currency of septic system operators permits

 

CHECK ALSO the Virginia Condominium Act (§ 55.1-1900 et seq.), the Virgins Real-time Land Cooperative Deed (§ 55.1-2100 et seq.), and the Virginia Properties Owners’ Association Act (§ 55.1-1800 et seq.). 


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altered 07/01/2022