§ 2578 — Property condition report form [For application of section, see 80 Del. Laws, c. 145, § 3]

Delaware § 2578

• Jurisdiction: Delaware
• Title: 6
• Ch. 25: PROHIBITED TRADE PRACTICES
• Subch.: Buyer Property Protection Act

Text

(a) The Delaware Real Estate Commission shall develop a standard form or forms to be used as the Seller’s Disclosure of Real Property Condition Report, for the disclosure of the condition of residential real property. This form or forms for different circumstances shall be promulgated and amended from time to time by the Real Estate Commission, including such additional relevant content as the Commission deems appropriate.

(b) The form for new construction shall include the following:

“An automatic fire sprinkler system or other fire suppression systems may be available. For further information, visit www.statefiremarshall.delaware.gov.”.

(c) Each form shall also include the following:

“The cost of repairing and repaving the streets adjacent to the property is paid for by (check one):

____ The property owner(s), estimated fees: $______.

____ Delaware Department of Transportation or the State.

____ Unknown.

Note to Buyer: Repairing and repaving of the streets can be very costly.”

(d) Each form shall also include the results of the radon test or tests required to be disclosed by § 2572A of this title.

Legislative History

69 Del. Laws, c. 86, § 2 ; 72 Del. Laws, c. 426, § 1 ; 75 Del. Laws, c. 360, § 2 ; 80 Del. Laws, c. 145, § 2