New Hampshire is by and large a state of “buyer caution.” Sellers are only required by law to disclose information about the residence`s water supply system, private sewage disposal system, insulation and the possible presence of certain toxic materials. Any defect discovered by the former owner after the transfer of ownership is the responsibility of the buyer. (§ 477 Abs. 4-d) Radon, arsenic, lead (§ 477:4-a) – The related statements in the header of this disclosure must be submitted to the buyer before entering into a purchase agreement. The buyer must then confirm that he has received this information by signing the document. (These notifications are included in the New Hampshire Purchase Agreement listed above.) New Hampshire is known as the “Buyer Beware” state. This means that the seller of a residential property is not legally required to disclose defects or material problems to the seller. This does not prevent the seller from obtaining his own real estate inspections before concluding the purchase contract. Although not required by law by sellers, the real estate agent or broker must inform potential buyers of any known issues affecting the property and its value. Seller`s Ownership Disclosure Statement (§ 477:4-d) – The Seller is required to inform the Buyer of the following: The Seller`s Ownership Disclosure Statement must be attached to the Purchase Agreement as an addendum. Seller`s Property Disclosure Form (§ 477:4-d) – New Hampshire residents who wish to sell their home must first meet the requirement to complete a declaration informing potential buyers of the necessary details regarding the sewage disposal system, water supply system, and insulation of the property included in the structure. The form linked above covers all of these bases as well as the additional state-regulated disclosure: The New Hampshire Purchase Agreement helps coordinate the formal transfer of ownership from one party to another with respect to home ownership.

The desired conditions are written or entered in the form and followed by signatures to ensure the legality of the contract. Among the elements of the sale that the users of the document want to customize are the final offer / sale price, the amount of capital that the buyer wants to offer in advance (deposit), the date on which the parties want to conclude and any provisions that the buyer or seller wants to add. Click on one of the buttons below to select your preferred platform. Complete the New Hampshire Purchase and Sale Agreement to complete and begin the real estate transaction between a buyer and seller. This form comes from the New Hampshire Association of Realtors and becomes a legal and enforceable agreement once completed and signed by both parties. Under state law, sellers must provide potential buyers with information about the water supply system, sewage system, and insulation of the property. You must also report the presence of possible radon and arsenic contamination. The New Hampshire Residential Real Estate Purchase and Sale Agreement is a document used by a home buyer to complete a real estate transaction and secure the purchase of a seller`s property. Due to the complexity of the form and the purchase process, the buyer will usually fill out this form with the help of a real estate agent.

Standard NHAR forms for real estate transactions are provided by NHAR on two platforms, Dotloop and zipLogix. Purchase and sale contracts for residential real estate in New Hampshire are contracts that take place between a real estate seller and a potential buyer. The person who intends to buy the property will present to the seller the terms of their offer, including the down payments they are willing to make, how they finance the purchase and how long their offer will remain open. The real estate seller may reject, accept or negotiate the offer until its closing date. Once both parties have signed the agreement, the contract becomes legally binding. Until both parties sign the agreement, the seller can continue to keep the property on the market and accept any other offer they want. New Hampshire law requires the seller to provide potential buyers with information about the insulation, water supply, and sewer system of the property before or during the preparation of the purchase and sale agreement. New Hampshire Purchase and Sale Agreement – This purchase and sale agreement was created by the New Hampshire Association of REALTORS and can be used by real estate® agents to conduct residential real estate transactions. Disclosure of lead paint – If a residence was built before 1978, federal law requires the seller to provide potential buyers with a statement describing their knowledge of the presence of lead-containing paint on the property (if applicable).

. Asbestos discharge (§ 141-E:23) – A rarely required disclosure is only necessary if the transferring property has been used as a place of disposal of the hazardous substance asbestos. If necessary, the seller must provide the buyer with various details about the contamination and also send a notice (linked in the header) to the NHDES office (the notification must be sent within ten (10) days of the transfer of ownership of the property). The seller must disclose to the buyer in a separate investment (disclosure of the condition of the property) all defects in the property and whether there are any privileges on the property. New Hampshire Association of Realtors – Adobe PDF Public Utility Tariff (§ 477:4-h) – If the home seller knows that the property is subject to a utility rate for financing or amortizing energy efficiency or renewable energy improvements, he is required to provide the buyer with details of this situation and any resulting costs. If the property was built before 1978, this state-mandated document must be provided to the buyer of the home to indicate whether or not the property has traces of toxic paint. Condominium, cooperative, PUD or other organization of owners (§ 477: 4-f) – Persons who sell a unit classified as one of the above types of real estate must notify that the apartment falls under the regulations of the Owners` Association. This must be submitted with the relevant documents of the association, in which rules, fees, special evaluations, etc. are specified. Disclosure of Lead Paints (42 U.S.

Code § 4852d) – In addition to the notification required by § 477:4-a, real estate sellers are also responsible for providing the buyer with documents relating to the detection of lead paints/lead paint hazards in the structure of the home. Waterfront property (§ 485-A:39) – Only for waterfront properties that use a septic disposal system, this law requires the seller of the home to conduct a site assessment study to ensure that the property meets the requirements established by the State of New Hampshire. . . .