Buyer Advisory in Real Estate Transactions

 

Common documents a buyer should review

MLS Printout 

The Public Report 

Seller’s Property Disclosure Statement (“SPDS”) 

Covenants, Conditions and Restrictions (“CC&Rs”) 

Homeowners’ Association (“HOA”) Governing Documents 

HOA Disclosures

Title Report or Title Commitment 

Home Warranty Policy 

Affidavit of Disclosure 

Lead-Based Paint Disclosure Form 

County Assessor’s Records 

Professional Home Inspection Report 

Termites and Other Wood Destroying Organisms

Common physical conditions in the property a buyer should investigate

Repairs and New Construction 

Roof 

Swimming Pools and Spas 

Swimming Pool Barriers 

Square Footage 

Sewer  

Septic Systems and Other On-Site Wastewater Treatment Facilities 

Expansive Soil 

Previous Fire/Flood 

Scorpions and Other Pests 

Deaths and Felonies on the Property 

Mold 

Other Indoor Air Quality Concerns 

Property Boundaries 

Flood Plain Status 

Conditions affecting the area surrounding the home the buyer should investigate

Environmental Hazards 

Superfund Sites 

Freeway Construction 

Crime Statistics 

Sex Offenders 

Military and Public Airports 

Schools 

Other methods to obtain information about a property

Talk to the Neighbors 

Drive around the Neighborhood 

Legal Disclaimer and Condition of Use

The information in this Advisory is provided with the understanding that it is not intended as legal or other professional services or advice. These materials have been prepared for general informational purposes only. The information and links contained herein may not be updated or revised for accuracy. If you have any additional questions or need advice, please contact your own lawyer or other professional representative.