The State of Ohio requires that most homeowners of single family homes and of 1-4 unit apartments are required to complete an "Ohio Residential Property Disclosure Form". However, there are many property owners who are legally exempt from completing this form. This video features Ohio Real Estate Expert, Peg Ritenour, of the Ohio REALTOR Association. Peg does an amazing job of explaining who is exempt from this required disclosure and she clears up some of the confusion relating to bank owned sales, deed in lieu of foreclosure sales, estate sales, trusts, guardian sales, court ordered sales, new construction, co-owner sales, sales to ex-spouses, inherited sales and sales to tenants who have lived in the property. Most people who are involved in the real estate process including buyers, sellers, bankers, mortgage loan officers, appraisers, REALTORS and real estate professionals will benefit from the information that is shared in this video.
If you would like a sample copy of the Ohio Residential Property Disclosure Form feel free to contact us at 740-397-7800 and we can provide you with a printed or a digital copy of the disclosure form.
I hope you find this video helpful and thank you for visiting us at KnoxCountyOhio.com