Property condition disclosure statement

SDCL § 43-4-44 — under TRANSFER OF PROPERTY.

SDCL § 43-4-44

The following form must be used for the property condition disclosure statement, with a designated space at the top of each page after the first page to write in the property address, and a designated space at the bottom of each page for each seller and buyer to initial: SELLER'S PROPERTY CONDITION DISCLOSURE STATEMENT RESIDENTIAL-SDCL 43-4-44 Seller(s)_______________________________________________________ Property Address________________________________________________ This Disclosure Statement concerns the real property identified above and offered for sale. This disclosure is required by law to be completed by sellers of real property and given to potential buyers. This form can have important legal consequences. If you do not understand this form, you should seek advice from a competent source. Seller states that the information contained in this disclosure fully reflects the Seller’s knowledge of the matters disclosed as of the date affixed to the form. If any material fact changes prior to closing, the seller MUST disclose that change in a written amendment to this disclosure statement and give the same to the buyer. This statement is a DISCLOSURE OF THE CONDITION OF THE ABOVE DESCRIBED PROPERTY in compliance with SDCL