Arkansas Real Estate Purchase Agreement Template

Seller Disclosure Form– There is technically no statute that coveys that sellers are obligated to disclose any material facts regarding the property being sold. That being said, it is considered commonplace for the seller to complete a disclosure form to appease the buyer.

Lead-Based Paint Disclosure (42 U.S. Code § 4852d) – A federally enforced disclosure, this only applies to homes assembled prior to 1978. If the residence was built before this year, sellers are obligated to release a full report disclosing any known information regarding lead hazards that are present within the premises, as well as an educational handout that informs readers of the risks associated with the toxic substance.