February 11, 2003, Introduced by Reps. Hune, Brandenburg, Ward, Stahl, Nofs and Stakoe and referred to the Committee on Tax Policy.
A bill to amend 1993 PA 92, entitled
"Seller disclosure act,"
by amending section 7 (MCL 565.957), as amended by 2000 PA 13.
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
9 condition of the property in compliance with the seller
10 disclosure act. This statement is a disclosure of the condition
11 and information concerning the property, known by the seller.
1 Unless otherwise advised, the seller does not possess any
2 expertise in construction, architecture, engineering, or any
3 other specific area related to the construction or condition of
4 the improvements on the property or the land. Also, unless
5 otherwise advised, the seller has not conducted any inspection of
6 generally inaccessible areas such as the foundation or roof.
7 This statement is not a warranty of any kind by the seller or by
8 any agent representing the seller in this transaction, and is not
9 a substitute for any inspections or warranties the buyer may wish
10 to obtain.
11 Seller's Disclosure: The seller discloses the following
12 information with the knowledge that even though this is not a
13 warranty, the seller specifically makes the following
14 representations based on the seller's knowledge at the signing of
15 this document. Upon receiving this statement from the seller,
16 the seller's agent is required to provide a copy to the buyer or
17 the agent of the buyer. The seller authorizes its agent(s) to
18 provide a copy of this statement to any prospective buyer in
19 connection with any actual or anticipated sale of property. The
20 following are representations made solely by the seller and are
21 not the representations of the seller's agent(s), if any. This
22 information is a disclosure only and is not intended to be a part
23 of any contract 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
1 your property, check NOT AVAILABLE. 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 order
6 (the items below are included in the sale of the property only if
7 the purchase agreement so provides):
8 Yes No Unknown Not
9 Avail-
10 able
11 Range/Oven ____ ____ ____ ____
12 Dishwasher ____ ____ ____ ____
13 Refrigerator ____ ____ ____ ____
14 Hood/fan ____ ____ ____ ____
15 Disposal ____ ____ ____ ____
16 TV antenna, TV rotor & controls ____ ____ ____ ____
17 Electrical system ____ ____ ____ ____
18 Garage door opener & remote control ____ ____ ____ ____
1 Alarm system ____ ____ ____ ____
2 Intercom ____ ____ ____ ____
3 Central vacuum ____ ____ ____ ____
4 Attic fan ____ ____ ____ ____
5 Pool heater, wall liner & equipment ____ ____ ____ ____
6 Microwave ____ ____ ____ ____
7 Trash compactor ____ ____ ____ ____
8 Ceiling fan ____ ____ ____ ____
9 Sauna/hot tub ____ ____ ____ ____
10 Washer ____ ____ ____ ____
11 Dryer ____ ____ ____ ____
12 Lawn sprinkler system ____ ____ ____ ____
13 Water heater ____ ____ ____ ____
14 Plumbing system ____ ____ ____ ____
1 Water softener/conditioner ____ ____ ____ ____
2 Well & pump ____ ____ ____ ____
3 Septic tank & drain field ____ ____ ____ ____
4 Sump pump ____ ____ ____ ____
5 City Water System ____ ____ ____ ____
6 City Sewer System ____ ____ ____ ____
7 Central air conditioning ____ ____ ____ ____
8 Central heating system ____ ____ ____ ____
9 Wall furnace ____ ____ ____ ____
10 Humidifier ____ ____ ____ ____
11 Electronic air filter ____ ____ ____ ____
12 Solar heating system ____ ____ ____ ____
13 Fireplace & chimney ____ ____ ____ ____
14 Wood burning system ____ ____ ____ ____
15 Explanations (attach additional sheets if necessary):
1 _________________________________________________________________
2 _________________________________________________________________
3 _________________________________________________________________
4 _________________________________________________________________
5 _________________________________________________________________
6 UNLESS OTHERWISE AGREED, ALL HOUSEHOLD APPLIANCES ARE SOLD IN
7 WORKING ORDER EXCEPT AS NOTED, WITHOUT WARRANTY BEYOND DATE OF
8 CLOSING.
9 Property conditions, improvements & additional information:
10 1. Basement/crawl space: Has there been evidence of water?
11 yes __ no __
12 If yes, please explain: _____________________________________
13 2. Insulation: Describe, if known________________________________
14 Urea Formaldehyde Foam Insulation (UFFI) is installed?
15 unknown __ yes __ no __
16 3. Roof: Leaks? yes _ no __
17 Approximate age if known_____________________________________
18 4. Well: Type of well (depth/diameter, age, and repair history,
19 if known): __________________________________________________
20 Has the water been tested? yes __ no __
21 If yes, date of last report/results:_________________________
22 5. Septic tanks/drain fields: Condition, if known:_______________
1 _____________________________________________________________
2 6. Heating System: Type/approximate age:_________________________
3 7. Plumbing system: Type: copper__ galvanized__ other__
4 Any known problems?__________________________________________
5 8. Electrical system: Any known problems?________________________
6 _____________________________________________________________
7 9. History of infestation, if any: (termites, carpenter ants,
8 etc.)________________________________________________________
9 10. Environmental Problems: Are you aware of any substances,
10 materials, or products that may be an environmental hazard
11 such as, but not limited to, asbestos, radon gas,
12 formaldehyde, lead-based paint, fuel or chemical storage
13 tanks and contaminated soil on the property.
14 unknown __ yes __ no __
15 If yes, please explain:______________________________________
16 _____________________________________________________________
17 11. Flood insurance: Do you have flood insurance on the
1 property?
2 unknown __ yes __ no __
3 12. Mineral rights: Do you own the mineral rights?
4 unknown __ yes __ no __
5 Other Items: Are you aware of any of the following:
6 1. Features of the property shared in common with the adjoining
7 landowners, such as walls, fences, roads and driveways, or other
8 features whose use or responsibility for maintenance may have an
9 effect on the property?
10 unknown __ yes __ no __
11 2. Any encroachments, easements, zoning violations, or
12 nonconforming uses?
13 unknown __ yes __ no __
14 3. Any "common areas" (facilities like pools, tennis courts,
15 walkways, or other areas co-owned with others), or a homeowners'
16 association that has any authority over the property?
17 unknown __ yes __ no __
18 4. Structural modifications, alterations, or repairs made
19 without necessary permits or licensed contractors?
20 unknown __ yes __ no __
21 5. Settling, flooding, drainage, structural, or grading
22 problems?
23 unknown __ yes __ no __
24 6. Major damage to the property from fire, wind, floods, or
25 landslides?
26 unknown __ yes __ no __
27 7. Any underground storage tanks?
1 unknown __ yes __ no __
2 8. Farm or farm operation in the vicinity; or proximity to a
3 landfill, airport, shooting range, etc.?
4 unknown __ yes __ no __
5 9. Any outstanding utility assessments or fees, including any
6 natural gas main extension surcharge?
7 unknown __ yes __ no __
8 10. Any outstanding municipal assessments or fees?
9 unknown __ yes __ no __
10 11. Any pending litigation that could affect the property or the
11 seller's right to convey the property?
12 unknown __ yes __ no __
13 If the answer to any of these questions is yes, please explain.
14 Attach additional sheets, if necessary:__________________________
15 _________________________________________________________________
16 _________________________________________________________________
17 _________________________________________________________________
18 _________________________________________________________________
19 The seller has lived in the residence on the property from
20 ____________ (date) to ____________ (date). The seller has owned
21 the property since ____________ (date). The seller has indicated
22 above the condition of all the items based on information known
23 to the seller. If any changes occur in the
24 structural/mechanical/appliance systems of this property from the
25 date of this form to the date of closing, seller will immediately
26 disclose the changes to buyer. In no event shall the parties
27 hold the broker liable for any representations not directly made
1 by the broker or broker's agent.
2 Seller certifies that the information in this statement is true
3 and correct to the best of seller's knowledge as of the date of
4 seller's signature.
5 BUYER SHOULD OBTAIN PROFESSIONAL
6 ADVICE AND INSPECTIONS OF THE
7 PROPERTY TO MORE FULLY DETERMINE THE
8 CONDITION OF THE PROPERTY.
9 BUYERS ARE ADVISED THAT CERTAIN
10 INFORMATION COMPILED PURSUANT TO THE
11 SEX OFFENDERS REGISTRATION ACT, 1994
12 PA 295, MCL 28.721 TO 28.732, IS
13 AVAILABLE TO THE PUBLIC. BUYERS
14 SEEKING THAT INFORMATION SHOULD
15 CONTACT THE APPROPRIATE LOCAL LAW
16 ENFORCEMENT AGENCY OR SHERIFF'S
17 DEPARTMENT DIRECTLY.
18 BUYER IS ADVISED THAT THE STATE
19 EQUALIZED VALUE OF THE PROPERTY,
20 HOMESTEAD
PRINCIPAL RESIDENCE
21 EXEMPTION INFORMATION, AND OTHER
22 REAL PROPERTY TAX INFORMATION IS
23 AVAILABLE FROM THE APPROPRIATE LOCAL
24 ASSESSOR'S OFFICE. BUYER SHOULD NOT
25 ASSUME THAT BUYER'S FUTURE TAX BILLS
1 ON THE PROPERTY WILL BE THE SAME AS
2 THE SELLER'S PRESENT TAX BILLS.
3 UNDER MICHIGAN LAW, REAL PROPERTY
4 TAX OBLIGATIONS CAN CHANGE
5 SIGNIFICANTLY WHEN PROPERTY IS
6 TRANSFERRED.
7 Seller___________________________Date __________________________
8 Seller___________________________Date __________________________
9 Buyer has read and acknowledges receipt of this statement.
10 Buyer__________________Date ___________________Time: ____________
11 Buyer__________________Date ___________________Time: ____________
12 (2) A form described
in subsection (1) printed before the
13 effective date of the
2000 amendatory act that amended this
14 subsection March 8, 2000 that was in compliance with this
15 section at that time may be utilized and shall be considered in
16 compliance with this
section until 90 days after the effective
17 date of the 2000
amendatory act that amended this subsection
18 June 6, 2000.
19 Enacting section 1. This amendatory act does not take
20 effect unless Senate Bill No. ____ or House Bill No. 4189
21 (request no. 01070'03) of the 92nd Legislature is enacted into
22 law.