What You Should Know About: Seller’s Supplement to the Real Estate Transfer Disclosure Statement

The Seller’s Supplement to the Real Estate Transfer Disclosure Statement is a local supplement that works in conjunction with the Transfer Disclosure Statement¬†(TDS). It varies by area in California, here in San Francisco we use a local supplement that is created by the San Francisco Association of Realtors.

// This post is a part of our series: Your Guide to a San Francisco Disclosure Package. //

The Seller’s Supplement to the Transfer Disclosure Statement is a *property specific* disclosure. It is designed to be read in conjunction with the Transfer Disclosure Statement (TDS) and we absolutely suggest it as one of the most important documents you review in a disclosure package.

Page 1 of the San Francisco Seller's Supplement to the Real Estate Transfer Disclosure Statement
Page 1 of the San Francisco Seller’s Supplement to the Real Estate Transfer Disclosure Statement

Section A of the seller’s supplement to the TDS asks additional questions about the property and neighborhood, and just like the transfer dislcosure statement it consists of a series of “Yes/No/Don’t Know” questions, with space provided for the seller to provide narrative detail when the answer to the question is “yes.”

Section B has additional questions about the property and improvements made to the home, including questions about permit history, animals, deeaths on the property, and other items.

Section C is an area where the seller can list additional home reports that are available. Even when additional reports are available, in San Francisco the seller may or may not remember to list them in this section. The cover page of the disclosure package in San Francisco is the best index you can typically use to keep track of reports provided by the seller.

Section D of the seller’s supplement to the real estate transfer disclosure statement has questions that pertain to homes that are in condominiums, cooperatives, common ownership or neighborhood associations. It contains some general questions, and then also questions that are specific to property type.

Section E is dedicated to the property eviction history, because in San Francisco eviction history can play a key role in helping determine the value or desirability of a home for sale.

Section F is for multi-unit or tenant-occupied properties, and contains additional questions that pertain to local San Francisco landlord/tenant laws.

Section G, the last section of the San Francisco seller’s supplement to the real estate transfer disclosure statement, is a free-form response area that a seller can use to provide any additional comments, notes, or information about the home they are selling.

What questions do you have about this document or SF disclosure packages?

 

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