Meeting with Mr. and Mrs. Hyland
Property Disclosure
The seller must give the buyer a property disclosure. I suggest only filling out PG4. Mark NO and sign if you are unaware of latent defects.
Essential Disclosures for Residential Sales in Prince George's County
This document outlines crucial disclosures and notices required by Prince George's County for residential sales contracts. It educates buyers and sellers on important elements like Tree Conservation Plans, Special Tax Districts, Record Title Holder status, and General Aviation Airport proximity. Please complete it to the best of your knowledge.
Maryland REALTORS Financial Condition Disclosure Addendum
Please use information from your latest mortgage statement to complete this document. Please disclose if there is a Line of Credit attached ot this home
Brokerage Agreement
As previously discussed, the commission for this transaction is 4.5% of the sales price, with 2% allocated to the buyer's agent. While you are not obligated to compensate the buyer's agent, doing so can increase buyer interest. Homes within a 1-mile radius are offering an average commission of 2.5%.
