Talk of The Villages Florida - View Single Post - Sinkhole in Calumet Grove
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Old 02-15-2018, 04:08 PM
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Quote:
Originally Posted by GoodLife View Post
Yes

6. Sinkholes: Note: When an insurance claim for sinkhole damage has been made by the seller and paid by the insurer, Section 627.7073(2)(c), Florida Statutes, requires the seller to disclose to the buyer that a claim was paid and whether or not the full amount paid was used to repair the sinkhole damage. (a) Does past or present settling, soil movement, or sinkhole(s) affect the Property or adjacent properties?    (b) Has any insurance claim for sinkhole damage been made?    (c) If any insurance claim for sinkhole damage was made, was the claim paid?    (d) If any insurance claim for sinkhole damage was paid, were all the proceeds used to repair the damage?    (e) If any answer to questions 6(a) - 6(c) is yes or the answer to question 6(d) is no, please explain
Thanks for the info. Given this disclosure is required how much does it affect the sellability / value of a home ?