Agency
Transfer Disclosure Statement Timing
A concise definition for the California Real Estate Exam study guide.
Definition
For covered residential sales, the seller's Transfer Disclosure Statement should be delivered as soon as practicable before transfer of title. The study guide identifies a three-day rescission period after personal delivery and five days after mailing.
Why it matters on the California real estate exam
Know the definition, recognize how the term appears in a fact pattern, and compare it with related concepts before choosing an answer.
In-depth guide
Study California Transfer Disclosure Statement (TDS) in depth
Master TDS coverage, exemptions, delivery timing, cancellation rights, and agent inspection duties.
Read the full exam guide →Study this topic in context
Read the related chapter for the surrounding concepts, examples, and exam tips.
Chapter 2: Agency, Fiduciary Duties & Disclosure →