Do I have to sign a waiver of the SRPD? I'm buying a Las Vegas foreclosure and they want me to sign this waiver.

Real Estate Agent with eXp Realty

Well the short answer is No you don't have to sign it if you don't want to. 

When you are buying a Las Vegas foreclosure, (which is a bank owned home), most of the agents who are selling these bank owned foreclosure homes are requiring this be waived as a condition of the sale and because the banks won't fill out the SRPD (Sellers Real Property Disclosure) which is a required form to be filled out by the seller of the home.

NOW there is a new law in place that goes into effect Oct 1, 2011 - the SRPD MAY NO LONGER BE WAIVED 
The seller may not request or require the purchaser to waive it, and the purchaser may not waive it.

You can go to the to see the info...…

But until then, expect most bank owned foreclosures to be asking for a waiver.
The SRPD will most likely be modified soon to have a specific section for bank owned homes, etc

Regardless, when you are buying a home in the Las Vegas area, remember you really are buying it "as is", so make sure to hire a home inspector to get the home inspected before you finalize the deal.


Do I have to sign a waiver of the SRPD?  I'm buying a Las Vegas foreclosure and they want me to sign this waiver.

Posted by

Dawn Barrier    EXP REALTY Las Vegas   (702) 812-4550 

                  Contact Dawn to Join our Group






Find me on Facebook


















Any Stats are on Resale Single Family homes only per the GLVAR MLS as of this writing or as noted,covers the Las Vegas Valley, North Las Vegas, Henderson area or as noted.

All photography on this site are the property of Dawn Barrer unless otherwise noted and are

protected by U.S. Copyright laws and are not allowed to be downloaded or reproduced in any

way without written permission of Dawn Barrier.If you would like permission to use a photo

please email Dawn     Important Notice -This is a personal blog.


This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Real Estate Market Trends
Nevada Clark County Las Vegas Summerlin South
Las Vegas, NV Area Real Estate Professionals
Vacation and Second homes
Posts to Localism
Nevada/Las Vegas REO, Fourclosure, Short Sale Specialist
Century 21 ActiveRain Bloggers
summerlin real estate
las vegas realtor
foreclosure tips
buying bank owned
im buying a las vegas foreclosure

Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Dawn Barrier | REALTOR in Las Vegas

(702) 812-4550 to Sell or Buy in Vegas
Buy a Las Vegas Home (702) 812-4550
Spam prevention

Additional Information