MD BC001 2012-2024 free printable template
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BALTIMORE CITY NOTICES AND DISCLOSURES ADDENDUM For use with Maryland Association of REALTORS Residential Contract of Sale ADDENDUM NUMBER dated To CONTRACT OF SALE the Contract dated BUYER SELLER PROPERTY 1. MASTER PLAN Buyer is hereby advised that the Property or the area in which the Property is located may be affected by provisions of the current Baltimore City Master Plan* You may wish to review the Master Plan* To become fully informed of current and future land use plans facilities...
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How to fill out Baltimore City notices and:
01
Gather all the required information and documentation such as the date, name, address, contact information, and specific details related to the notice.
02
Ensure that you have the appropriate form or template for the specific type of notice you are filling out. You can usually find these forms online or at the relevant government office.
03
Carefully read and understand the instructions provided on the form. Make sure you know what information needs to be filled out in each section.
04
Begin filling out the form by entering the required information accurately and legibly. Double-check the information you provide to avoid errors or omissions.
05
If there are any additional documents or supporting materials required, make sure to include them with the notice.
06
Once you have completed filling out the form, review it thoroughly to ensure all the information is correct and complete.
07
Sign the notice where required, and make copies of the completed form for your records.
08
Submit the filled-out notice as instructed on the form. This may involve mailing it to a specific address or submitting it online through a designated portal.
Who needs Baltimore City notices and:
01
Property owners or landlords who need to provide legal notices to tenants regarding matters such as rent increases, lease terminations, or eviction proceedings.
02
Individuals who have received a notice of violation or citation from the Baltimore City government and need to respond or take necessary actions.
03
Businesses or organizations that are required to give notices to the city government for various reasons, such as applying for permits or licenses, reporting incidents or accidents, or submitting financial or operational documents.
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Who is required to file baltimore disclosures addendum?
The Baltimore Disclosures Addendum is required to be filed by all buyers and sellers in a real estate transaction in Baltimore City.
What is the purpose of baltimore disclosures addendum?
The Baltimore Disclosures Addendum is a legally binding document that outlines the rights, responsibilities, and obligations of both the seller and the buyer in a real estate transaction. It serves to protect both parties by providing full disclosure of all pertinent information about the property being sold. It also outlines any special requirements or restrictions that may be imposed on a buyer, such as covenants, easements, or zoning regulations.
What information must be reported on baltimore disclosures addendum?
1. Lead-Based Paint Disclosure: This disclosure informs the buyer of any known lead paint hazards in the property, such as chipping, peeling, or flaking paint.
2. Maryland Homeowner's Property Tax Credit Program: This disclosure informs the buyer of the potential to receive a tax credit for owning their home.
3. Maryland Home Warranty Program: This disclosure informs the buyer of the potential to receive a home warranty from the Maryland Home Warranty Program.
4. Radon Gas Disclosure: This disclosure informs the buyer of the potential hazards of radon gas in the property, and any steps that have been taken to mitigate them.
5. Sewage System Disclosure: This disclosure informs the buyer of any known sewage system issues, such as a septic system.
6. Flood Insurance Disclosure: This disclosure informs the buyer of any potential flood risks in the property, and what type of flood insurance is available.
7. Maryland Homeownership Assistance Program: This disclosure informs the buyer of the potential to receive assistance with the purchase and/or maintenance of their home through the Maryland Homeownership Assistance Program.
When is the deadline to file baltimore disclosures addendum in 2023?
The deadline to file Baltimore disclosures addendum for 2023 is April 30, 2023.
What is the penalty for the late filing of baltimore disclosures addendum?
The penalty for the late filing of Baltimore Disclosures Addendum is a civil penalty of up to $500.00, or such other amount as the court may assess.
How to fill out baltimore disclosures addendum?
To fill out the Baltimore Disclosures Addendum, follow these steps:
1. Start by reviewing the entire addendum carefully. Make sure you understand each statement and its implications.
2. Begin by providing your personal information at the top of the addendum, such as your name, address, and contact information.
3. Read each disclosure statement included in the addendum. These statements may cover a variety of topics, such as lead paint, asbestos, or other potential hazards known to exist in the property.
4. For each disclosure statement, indicate your understanding and agreement by initialing or checking the appropriate box provided. If you do not agree with a statement or need further clarification, consult with a real estate attorney or the seller's representative.
5. If there are any additional disclosures or information that you feel are important and not included in the addendum, you can write them in the space provided or attach a separate sheet.
6. Make sure to sign and date the addendum at the bottom, indicating that you have read and understood the disclosures.
7. If you are submitting the addendum as part of a real estate transaction, provide copies to all relevant parties, such as the seller, the buyer's agent, and your agent.
It is crucial to note that specific instructions for filling out the Baltimore Disclosures Addendum may vary depending on the individual document and the requirements of the transaction. Therefore, always carefully read and follow the instructions provided in the specific addendum you have been given.
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