Seller's Property Disclosure Statement

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lb 3685 Watertown Rud Orono RF/,AlK SELLER'S PROPERTY RESULTS DISCLOSURE STATEMENT www.minnesotahomes.com This form approved by the Minnesota Association of REALTORS*, which disclaims any liability arising out of use or misuse of this form. ®2007 Minnesota Association of REALTORS*,Edina,MN 1.Date September 28,2007 2.Page 1 of pages 3. THE INFORMATION DISCLOSED IS GIVEN TO THE BEST OF SELLER'S KNOWLEDGE. 4. NOTICE:This Disclosure Statement satisfies the disclosure requirements of MN Statutes 513.52 through 513.60. 5. Under Minnesota law,Sellers of residential property,with limited exceptions listed on page nine(9),are obligated to 6. disclose to prospective Buyers all material facts of which Seller is aware that could adversely and significantly affect 7. an ordinary Buyer's use or enjoyment of the property or any intended use of the property of which Seller is aware. 8. MN Statute 513.58 requires Seller to notify Buyer in writing as soon as reasonably possible, but in any event 9. before closing, if Seller learns that Seller's disclosure was inaccurate.Seller has disclosure alternatives allowed 10. by MN Statutes.See Seller's Disclosure Alternatives form for further information regarding disclosure alternatives.This 11. disclosure is not a warranty or a guarantee of any kind by Seller or licensee representing or assisting any parry in the 12. transaction. 13. INSTRUCTIONS TO BUYER:Buyers are encouraged to thoroughly inspect the property personally or have it inspected 14. by a third parry,and to inquire about any specific areas of concern.NOTE:If Seller answers NO to any of the questions 15. fisted below,it does not necessarily mean that it does not exist on the property.NO may mean that Seller is unaware 16. that it exists on the property. 17. INSTRUCTIONS TO SELLER:(1)Complete this form yourself. (2)Consult prior disclosure statement(s)and/or. 18. inspection report(s)when completing this form.(3) Describe conditions affecting the property to the best of your 19. knowledge. (4)Attach additional pages,with your signature, if additional space is required. (5)Answer all questions. 20. (6)If any items do not apply,write"NA"(not applicable). 21. Property located at 3685 Watertown Rd. , 22. City of Orono ,County of Hennepin ,State of Minnesota. 23. A.GENERAL INFORMATION: U 24. (1) When did you [RrAcquire ❑ Build the home? 1W 1 .--------(Check one.)----------- 25. (2) Type of title evidence: [E'Abstract ❑ Registered(Torrens) 26. Location of Abstract: tmH Do ika" 27. To your knowledge, is there an existing Owner's Title Insurance Policy? ©Yes ❑No 28. (3) Have you occupied this h me continuously for the past 12 months? ❑Yes BNo 29. If"No,"explain: VfQeJtM 1M lty--W 30. (4) Is the home suitable for year-round use? EE[Yes ❑No 31. (5) To your knowledge, is the property located in a designated flood plain? ❑Yes [2NO 32. (6) Are you in possession of prior seller's disclosure statement(s)?(If"Yes,"please attach.) ❑Yes [Jl\lo 33. (7) is the property located on a public or a private road? 20ublic ❑Private 34. Are you aware of any 35. (8). encroachments? ❑Yes C3No 36. (9) association,covenants, historical registry, reservations or restrictions that affect or 37. may affect the use or future resale of the property? [D'Yes ❑No 38. (10 easements,other than utility or drainage easements []Yes QNo 39. 11 Comments: Sab�4i�t5io�1 C cttras r'eAlodid o tvddcira%re" 40. sy P Yivvk Lt.. 41. ORIGINAL COPY TO LISTING BROKER; COPIES TO SELLER,BUYER,SELLING BROKER. MN:SPDS•1 (8/07)