HOUSE BILL No. 4794
May 20, 1997, Introduced by Rep. Brown and referred to the Committee on Consumer Protection. A bill to amend 1993 PA 92, entitled "Seller disclosure act," by amending section 7 (MCL 565.957), as amended by 1996 PA 92. THE PEOPLE OF THE STATE OF MICHIGAN ENACT: 1 Sec. 7. (1) The disclosures required by this act shall be 2 made on the following form: 3 SELLER'S DISCLOSURE STATEMENT 4 Property Address:________________________________________________ 5 Street 6 ___________________________________ Michigan 7 City, Village, or Township 8 Purpose of Statement: This statement is a disclosure of the con- 9 dition of the property in compliance with the seller disclosure 10 act. This statement is a disclosure of the condition and 02586'97 DRM 2 1 information concerning the property, known by the seller. Unless 2 otherwise advised, the seller does not possess any expertise in 3 construction, architecture, engineering, or any other specific 4 area related to the construction or condition of the improvements 5 on the property or the land. Also, unless otherwise advised, the 6 seller has not conducted any inspection of generally inaccessible 7 areas such as the foundation or roof. This statement is not a 8 warranty of any kind by the seller or by any agent representing 9 the seller in this transaction, and is not a substitute for any 10 inspections or warranties the buyer may wish to obtain. 11 Seller's Disclosure: The seller discloses the following informa- 12 tion with the knowledge that even though this is not a warranty, 13 the seller specifically makes the following representations based 14 on the seller's knowledge at the signing of this document. Upon 15 receiving this statement from the seller, the seller's agent is 16 required to provide a copy to the buyer or the agent of the 17 buyer. The seller authorizes its agent(s) to provide a copy of 18 this statement to any prospective buyer in connection with any 19 actual or anticipated sale of property. The following are repre- 20 sentations made solely by the seller and are not the representa- 21 tions of the seller's agent(s), if any. This information is a 22 disclosure only and is not intended to be a part of any contract 23 between buyer and seller. 24 Instructions to the Seller: (1) Answer ALL questions. (2) Report 25 known conditions affecting the property. (3) Attach additional 26 pages with your signature if additional space is required. (4) 27 Complete this form yourself. (5) If some items do not apply to 02586'97 3 1 your property, check N/A (nonapplicable). If you do not know the 2 facts, check UNKNOWN. FAILURE TO PROVIDE A PURCHASER WITH A 3 SIGNED DISCLOSURE STATEMENT WILL ENABLE A PURCHASER TO TERMINATE 4 AN OTHERWISE BINDING PURCHASE AGREEMENT. 5 Appliances/Systems/Services: The items below are in working 6 order: 7 Yes No Unknown N/A 8 Range/Oven ____ ____ ____ ____ 9 Dishwasher ____ ____ ____ ____ 10 Refrigerator ____ ____ ____ ____ 11 Hood/fan ____ ____ ____ ____ 12 Disposal ____ ____ ____ ____ 13 TV antenna, TV rotor & controls ____ ____ ____ ____ 14 Electrical system ____ ____ ____ ____ 15 Garage door opener & remote control ____ ____ ____ ____ 16 Alarm system ____ ____ ____ ____ 17 Intercom ____ ____ ____ ____ 18 Central vacuum ____ ____ ____ ____ 19 Attic fan ____ ____ ____ ____ 20 Pool heater, wall liner & equipment ____ ____ ____ ____ 21 Microwave ____ ____ ____ ____ 22 Trash compactor ____ ____ ____ ____ 23 Ceiling fan ____ ____ ____ ____ 24 Sauna/hot tub ____ ____ ____ ____ 25 Lawn sprinkler system ____ ____ ____ ____ 26 Water heater ____ ____ ____ ____ 02586'97 4 1 Plumbing system ____ ____ ____ ____ 2 Water softener/conditioner ____ ____ ____ ____ 3 Well & pump ____ ____ ____ ____ 4 Septic tank & drain field ____ ____ ____ ____ 5 Sump pump ____ ____ ____ ____ 6 City Water System ____ ____ ____ ____ 7 City Sewer System ____ ____ ____ ____ 8 Central air conditioning ____ ____ ____ ____ 9 Central heating system ____ ____ ____ ____ 10 Furnace ____ ____ ____ ____ 11 Humidifier ____ ____ ____ ____ 12 Electronic air filter ____ ____ ____ ____ 13 Solar heating system ____ ____ ____ ____ 14 Fireplace & chimney ____ ____ ____ ____ 15 Wood burning system ____ ____ ____ ____ 16 Explanations (attach additional sheets if necessary): 17 _________________________________________________________________ 18 _________________________________________________________________ 19 _________________________________________________________________ 20 _________________________________________________________________ 21 ________________________________________________________________ 22 UNLESS OTHERWISE AGREED, ALL HOUSEHOLD APPLIANCES ARE SOLD IN 23 WORKING ORDER EXCEPT AS NOTED, WITHOUT WARRANTY BEYOND DATE OF 24 CLOSING. 25 Property conditions, improvements & additional information: 26 1. Basement: Has there been evidence of water? yes __ no __ 02586'97 5 1 If yes, please explain: _____________________________________ 2 2. Insulation: Describe, if known_______________________________ 3 Urea Formaldehyde Foam Insulation (UFFI) is installed? 4 unknown __ yes __ no __ 5 3. Roof: Leaks? yes _ no __ 6 Approximate age if known_____________________________________ 7 4. Well: Type of well (depth/diameter, age and repair history, 8 if known): __________________________________________________ 9 Has the water been tested? yes __ no __ 10 If yes, date of last report/results:_________________________ 11 5. Septic tanks/drain fields: Condition, if known:______________ 12 _____________________________________________________________ 13 6. Heating System: Type/approximate age:________________________ 14 7. Plumbing system: Type: copper__ galvanized__ other__ 15 Any known problems?__________________________________________ 02586'97 6 1 8. Electrical system: Any known problems?_______________________ 2 _____________________________________________________________ 3 9. History of infestation, if any: (termites, carpenter ants, 4 etc.)________________________________________________________ 5 10. Environmental Problems: Substances, materials or products 6 that may be an environmental hazard such as, but not limited 7 to, asbestos, radon gas, formaldehyde, lead-based paint, fuel 8 or chemical storage tanks and contaminated soil on the 9 property. unknown __ yes __ no __ 10 If yes, please explain:______________________________________ 11 _____________________________________________________________ 12 Other Items: Are you aware of any of the following: 13 1. Features of the property shared in common with the adjoining 14 landowners, such as walls, fences, roads and driveways, or other 15 features whose use or responsibility for maintenance may have an 16 effect on the property? unknown __ yes __ no __ 17 2. Any encroachments, easements, zoning violations, or noncon- 18 forming uses? unknown __ yes __ no __ 19 3. Any "common areas" (facilities like pools, tennis courts, 20 walkways, or other areas co-owned with others), or a homeowners' 02586'97 7 1 association that has any authority over the property? 2 unknown __ yes __ no __ 3 4. Structural modifications, alterations, or repairs made with- 4 out necessary permits or licensed contractors? 5 unknown __ yes __ no __ 6 5. Settling, flooding, drainage, structural, or grading 7 problems? unknown __ yes __ no __ 8 6. Major damage to the property from fire, wind, floods, or 9 landslides? unknown __ yes __ no __ 10 7. Any underground storage tanks? unknown __ yes __ no __ 11 8. Farm or farm operation in the vicinity; or proximity to a 12 landfill, airport, shooting range, FLOODPLAIN, etc.? 13 unknown __ yes __ no __ 14 If the answer to any of these questions is yes, please explain. 15 Attach additional sheets, if necessary:__________________________ 16 _________________________________________________________________ 17 _________________________________________________________________ 18 _________________________________________________________________ 19 _________________________________________________________________ 20 The most recent state equalized valuation of the property pro- 21 vided by the local taxing unit to the seller was $_____ as of 22 _____ (date). The seller has lived in the residence on the prop- 23 erty from ____________ (date) to ____________ (date). The seller 24 has owned the property since ____________ (date) and makes repre- 25 sentation only since that date. The seller has indicated above 26 the history and condition of all the items based on that 27 information known to the seller. If any changes occur in the 02586'97 8 1 structural/mechanical/appliance systems of this property from the 2 date of this form to the date of closing, seller will immediately 3 disclose the changes to buyer. In no event shall the parties 4 hold the broker liable for any representations not directly made 5 by the broker or broker's agent. 6 Seller certifies that the information in this statement is true 7 and correct to the best of seller's knowledge as of the date of 8 seller's signature. 9 BUYER SHOULD OBTAIN PROFESSIONAL 10 ADVICE AND INSPECTIONS OF THE 11 PROPERTY TO MORE FULLY DETERMINE THE 12 CONDITION OF THE PROPERTY. 13 Seller___________________________Date __________________________ 14 Seller___________________________Date __________________________ 15 Buyer has read and acknowledges receipt of this statement. 16 Buyer__________________Date ___________________Time: ____________ 17 Buyer__________________Date ___________________Time: ____________ 18 (2) A form described in subsection (1) printed before the 19 effective date of the amendatory act that added this subsection 20 that is in compliance with Act No. 106 of the Public Acts of 1995 21 and that differs from this section regarding notice of a farm or 22 farm operation in the vicinity may be utilized and shall be con- 23 sidered in compliance with this section until July 1, 1996. 02586'97 Final page. 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