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  • The Truth About TDS Exemptions in Real Estate Sales
    The C A R purchase agreements additionally require that the seller fill out a Seller Property Questionnaire (SPQ) whenever the TDS is required But there are a number of exemptions, about twelve in all
  • When is the seller exempt from a Transfer Disclosure Statement (TDS . . .
    By the way, if a Transfer Disclosure Statement (TDS) is needed then the Seller Property Questionnaire (SPQ) is needed too State law makes it a package deal to use both forms on a transaction The following transfers are exempt from these disclosure requirements:
  • When Are Sellers Exempt From Certain Disclosures in California Real . . .
    While most sellers must complete detailed forms like the Transfer Disclosure Statement (TDS), some may qualify for exemptions under specific circumstances However, even exempt sellers must still disclose known material defects
  • Statutory or Contractually Required Disclosures
    Seller Property Questionnaire Although the TDS is required in residential 1 to 4 transactions, there are a number of exemptions Common exemptions include probate, REOs, bankruptcy and some trusts
  • Questionnaire encourages open, honest discussions - Salinas Californian
    To determine if an exemption applies in your case, contact your real estate professional If a transaction is exempt from the requirement to deliver a completed TDS to the buyer (s), then the SPQ
  • Real Estate Transfer Disclosure Statement: Which Transactions Are Exempt?
    Determining which transactions are exempt from the Real Estate Transfer Disclosure Statement (TDS) requirements under California Civil Code §1102 is not always clear For example, investors sometimes create limited liability companies (“LLC”) to sell residential property or use the LLC as the trustee of a trust, to get around the
  • California Transfer Disclosure Statement - homecoin. com
    In some cases (see CAR Sales Disclosure Chart), a seller is exempt from providing a Transfer Disclosure Statement, in which case the CAR form "Exempt Seller Disclosure" (ESD) is used If a TDS is required, then the CAR purchase contract will also require the form "Seller Property Questionnaire" (SPQ)
  • Are Trustees Exempt From Disclosures? - bubbleinfo. com
    Under California Law, whether or not a seller is exempt from providing a Real Estate Transfer Disclosure Statement (“TDS”) based on Civil Code Section 1102 and the Seller Property Questionnaire (“SPQ”) pursuant to the Purchase Agreement, they are nonetheless required to make full disclosure of any known defects or material issues that
  • When Are Sellers Exempt From Certain Disclosures in . . . - LinkedIn
    California Civil Code Section 1102 identifies several types of transactions where sellers may be exempt from completing certain disclosure forms, including the TDS 1 Trustees and
  • Exempt Seller Disclosure Requirement California
    When is a seller exempt from the Transfer Disclosure Statement? Sometimes sellers wrongly assume they are exempt from furnishing the buyer with a transfer disclosure statement (TDS) because the home is owned by a corporation, LLC, or trust





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