Source: http://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&Statute=43-4-44
Timestamp: 2020-02-19 10:10:52
Document Index: 368384286

Matched Legal Cases: ['§ 43', '§ 43', '§ 8', '§ 4', '§ 1', '§ 1', '§ 1', '§ 13']

SDLRC - Codified Law 43-4-44
43-4-44. Property condition disclosure statement. The following form shall be used for the property condition disclosure statement:
(This disclosure shall be completed by the seller. This is a disclosure required by law. If you do not understand this form, seek legal advice.)
Seller _________________________________________________________________________
This Disclosure Statement concerns the real property identified above situated in the City of __________ County of __________, State of South Dakota.
THIS STATEMENT IS A DISCLOSURE OF THE CONDITION OF THE ABOVE DESCRIBED PROPERTY IN COMPLIANCE WITH § 43-4-38. IT IS NOT A WARRANTY OF ANY KIND BY THE SELLER OR ANY AGENT REPRESENTING ANY PARTY IN THIS TRANSACTION AND IS NOT A SUBSTITUTE FOR ANY INSPECTIONS OR WARRANTIES THE PARTIES MAY WISH TO OBTAIN. Seller hereby authorizes any agent representing any party in this transaction to provide a copy of this statement to any person or entity in connection with any actual or anticipated sale of the property.
IF ANY MATERIAL FACT CHANGES BEFORE CONVEYANCE OF TITLE TO THIS PROPERTY, THE SELLER MUST DISCLOSE SUCH MATERIAL FACT WITH A WRITTEN AMENDMENT TO THIS DISCLOSURE STATEMENT.
I. LOT OR TITLE INFORMATION
1. When did you purchase or build the home? ________________________________________
If the answer is yes to any of the following, please explain under additional comments or on an attached separate sheet.
2. Were there any title problems when you purchased the property?
3. Are there any recorded liens or financial instruments against the property, other than a first mortgage?
4. Are there any unrecorded liens or financial instruments against the property, other than a first mortgage; or have any materials or services been provided in the past one hundred twenty days that would create a lien against the property under chapter 44-9?
Yes ____ No ____ Unknown ____
5. Are there any easements which have been granted in connection with the property (other than normal utility easements for public water and sewer, gas and electric service, telephone service, cable television service, drainage, and sidewalks)?
6. Are there any problems related to establishing the lot lines/boundaries?
7. Do you have a location survey in your possession or a copy of the recorded plat? If yes, attach a copy.
8. Are you aware of any encroachments or shared features, from or on adjoining property (i.e. fences, driveway, sheds, outbuildings, or other improvements)?
9. Are you aware of any covenants or restrictions affecting the use of the property in accordance with local law? If yes, attach a copy of the covenants and restrictions.
10. Are you aware of any current or pending litigation, foreclosure, zoning, building code or restrictive covenant violation notices, mechanic's liens, judgments, special assessments, zoning changes, or changes that could affect your property?
11. Is the property currently occupied by the owner?
12. Does the property currently receive the owner occupied tax reduction pursuant to SDCL 10-13-39?
13. Is the property currently part of a property tax freeze for any reason?
14. Is the property leased?
15. If leased, does the property use comply with local zoning laws?
16. Does this property or any portion of this property receive rent? If yes, how much $____ and how often ____?
17. Do you pay any mandatory fees or special assessments to a homeowners' or condominium association?
If yes, what are the fees or assessments? $ ____ per ____ (i.e. annually, semi-annually, monthly)
Payable to whom: _______________________________________________________________
For what purpose? _______________________________________________________________
18. Are you aware if the property has ever had standing water in either the front, rear, or side yard more than forty-eight hours after heavy rain?
19. Is the property located in or near a flood plain?
20. Are wetlands located upon any part of the property?
21. Are you aware of any private transfer fee obligations, as defined pursuant to § 43-4-48, that would require a buyer or seller of the property to pay a fee or charge upon the transfer of the property, regardless of whether the fee or charge is a fixed amount or is determined as a percentage of the value of the property?
If yes, what are the fees or charges? $______ per ______ (i.e. annually, semi-annually, monthly)
II. STRUCTURAL INFORMATION
1. Are you aware of any water penetration problems in the walls, windows, doors, basement, or crawl space?
2. What water damage related repairs, if any, have been made?
If any, when? ___________________________________________________________________
3. Are you aware if drain tile is installed on the property?
4. Are you aware of any interior cracked walls or floors, or cracks or defects in exterior driveways, sidewalks, patios, or other hard surface areas?
What related repairs, if any, have been made?
5. Are you aware of any roof leakage, past or present?
Type of roof covering: ____________________________________________________________
What roof repairs, if any, have been made, when and by whom? ___________________________
Describe any existing unrepaired damage to the roof: ___________________________________
6. Are you aware of insulation in:
the ceiling/attic? Yes ____ No ____
the walls? Yes ____ No ____
the floors? Yes ____ No ____
7. Are you aware of any pest infestation or damage, either past or present?
8. Are you aware of the property having been treated for any pest infestation or damage?
If yes, who treated it and when? ____________________________________________________
9. Are you aware of any work upon the property which required a building, plumbing, electrical, or any other permit?
If yes, describe the work: __________________________________________________________
Was a permit obtained? Yes _______________________________________________________
Was the work approved by an inspector? Yes ____ No ____
10. Are you aware of any past or present damage to the property (i.e. fire, smoke, wind, floods, hail, or snow)?
If yes, describe __________________________________________________________________
Have any insurance claims been made?
Was an insurance payment received?
If yes, describe in detail: __________________________________________________________
11. Are you aware of any problems with sewer blockage or backup, past or present?
12. Are you aware of any drainage, leakage, or runoff from any sewer, septic tank, storage tank, or drain on the property into any adjoining lake, stream, or waterway?
III. SYSTEMS/UTILITIES INFORMATION
NONE/NOT NOT
INCLUDED WORKING WORKING
1. 220 Volt Service _____ _____ _____
2. Air Exchanger _____ _____ _____
3. Air Purifier _____ _____ _____
4. Attic Fan _____ _____ _____
5. Burglar Alarm and Security System _____ _____ _____
6. Ceiling Fan _____ _____ _____
7. Central Air - Electric _____ _____ _____
8. Central Air - Water Cooled _____ _____ _____
9. Cistern _____ _____ _____
10. Dishwasher _____ _____ _____
11. Disposal _____ _____ _____
12. Doorbell _____ _____ _____
13. Fireplace _____ _____ _____
14. Fireplace Insert _____ _____ _____
15. Garage Door/Opener Control(s) _____ _____ _____
16. Garage Wiring _____ _____ _____
17. Heating System _____ _____ _____
18. Hot Tub, Whirlpool, and Controls _____ _____ _____
19. Humidifier _____ _____ _____
20. Intercom _____ _____ _____
21. Light Fixtures _____ _____ _____
22. Microwave/Hood _____ _____ _____
23. Plumbing and Fixtures _____ _____ _____
24. Pool and Equipment _____ _____ _____
25. Propane Tank _____ _____ _____
26. Radon System _____ _____ _____
27. Sauna _____ _____ _____
28. Septic/Leaching Field _____ _____ _____
29. Sewer Systems/Drains _____ _____ _____
30. Smoke/Fire Alarm _____ _____ _____
31. Solar House - Heating _____ _____ _____
32. Sump Pump(s) _____ _____ _____
33. Switches and Outlets _____ _____ _____
34. Underground Sprinkler and Heads _____ _____ _____
35. Vent Fan _____ _____ _____
36. Water Heater - Electric or Gas _____ _____ _____
37. Water Purifier _____ _____ _____
38. Water Softener - Leased or Owned _____ _____ _____
39. Well and Pump _____ _____ _____
40. Wood Burning Stove _____ _____ _____
IV. HAZARDOUS CONDITIONS
Are you aware of any existing hazardous conditions of the property and are you aware of any tests having been performed?
EXISTING CONDITIONS TESTS PERFORMED
1. Methane Gas _____
2. Lead Paint _____ _____ _____ _____
3. Radon Gas (House) _____ _____ _____ _____
4. Radon Gas (Well) _____ _____ _____ _____
5. Radioactive Materials _____ _____ _____ _____
6. Landfill, Mineshaft _____ _____ _____ _____
7. Expansive Soil _____ _____ _____ _____
8. Mold _____ _____ _____ _____
9. Toxic Materials _____ _____ _____ _____
10. Urea Formaldehyde Foam Insulations _____ _____ _____ _____
11. Asbestos Insulation _____ _____ _____ _____
12. Buried Fuel Tanks _____ _____ _____ _____
13. Chemical Storage Tanks _____ _____ _____ _____
14. Fire Retardant Treated Plywood _____ _____ _____ _____
15. Production of Methamphetamines _____ _____ _____ _____
If the answer is yes to any of the questions above, please explain in additional comments or on an attached separate sheet.
1. Is the street or road located at the end of the driveway to the property public or private?
Public __________ Private __________
2. Is there a written road maintenance agreement?
If yes, attach a copy of the maintenance agreement.
3. When was the fireplace/wood stove/chimney flue last cleaned?
4. Within the previous twelve months prior to signing this document, are you aware of any of the following occurring on the subject property ?
a. A human death by homicide or suicide? If yes, explain:
b. Other felony committed against the property or a person on the property? If yes, explain:
5. Is the water source public or private (select one) ?
6. If private, what is the date and result of the last water test?
7. Is the sewer system public __________ or private __________ (select one)?
8. If private, what is the date of the last time the septic tank was pumped? __________
9. Are there broken window panes or seals?
If yes, specify: ______________________________
10. Are there any items attached to the property that will not be left, such as: towel bars, mirrors, swag lamps and hooks, curtain rods, window coverings, light fixtures, clothes lines, swing sets, storage sheds, ceiling fans, basketball hoops, mail boxes, etc.
If yes, please list ______________________________
11. Are you aware of any other material facts or problems that have not been disclosed on this form?
If yes, explain: ______________________________
VI. ADDITIONAL COMMENTS (ATTACH ADDITIONAL PAGES IF NECESSARY)
The Seller hereby certifies that the information contained herein is true and correct to the best of the Seller's information, knowledge, and belief as of the date of the Seller's signature below. If any of these conditions change before conveyance of title to this property, the change will be disclosed in a written amendment to this disclosure statement.
SELLER ____________________ DATE __________
THE SELLER AND THE BUYER MAY WISH TO OBTAIN PROFESSIONAL ADVICE AND INSPECTIONS OF THE PROPERTY TO OBTAIN A TRUE REPORT AS TO THE CONDITION OF THE PROPERTY AND TO PROVIDE FOR APPROPRIATE PROVISIONS IN ANY CONTRACT OF SALE AS NEGOTIATED BETWEEN THE SELLER AND THE BUYER WITH RESPECT TO SUCH PROFESSIONAL ADVICE AND INSPECTIONS.
I/We acknowledge receipt of a copy of this statement on the date appearing beside my/our signature(s) below. Any agent representing any party to this transaction makes no representations and is not responsible for any conditions existing in the property.
BUYER ____________________ DATE __________
Source: SL 1993, ch 325, § 8; SL 1994, ch 337, § 4; SL 2005, ch 230, § 1; SL 2007, ch 250, § 1; SL 2008, ch 224, § 1; SL 2011, ch 196, § 13.