Maine Real Estate Purchase Agreement Template

1.) Arsenic in Well Water Brochure: Sellers with a private well must give the buyer this state-prepared brochure outlining the risks of arsenic and how to test for it (22 M.R.S. § 2660-T).

2.) Lead-Based Paint Disclosure: If the property was built before 1978, the seller must disclose its history of lead-based paint and provide an informational pamphlet (42 U.S. Code § 4852d).

3.) Seller’s Property Disclosure: The seller must provide a comprehensive Property Disclosure Statement form before the buyer makes an official offer (M.R.S. § 173, 33 M.R.S. § 174). The form contains disclosures about the following information:

• Access to the property (33 M.R.S. § 173(6))
• Flood hazards (33 M.R.S. § 173(7))
• Hazardous materials (33 M.R.S. § 173(4))
• Heating system or heating source (33 M.R.S. § 173(2-A))
• Known material defects (33 M.R.S. § 173(5))
• Property and buyer/seller information (33 M.R.S. § 174)
• Shoreline zoning (33 M.R.S. § 173(8))
• Waste disposal system (33 M.R.S. § 173(3))
• Water supply system (33 M.R.S. § 173(1))