First off, the TDS (Transfer Disclosure Statement) form is NOT a form that is to be filled out by the listing agent or the buyer agent. This form is for the Seller ONLY.
If a seller is exempt from having to do the TDS form, this is usually only on bank owned properties. Even if a seller has never seen or never lived on the property, they still need to complete a TDS.
Regarding where you would have seen that the seller is exempt; It should have been on the MLS sheet, alternative to that it should have been stated in either the Counter offer or an Addendum that the seller was exempt.
Your not receiving this form until the day of your Final Walk Through, however is not good. You should have received this form within the days of your Due Diligence period which is usually 17 days, however in this market, maybe it was 10-12 days.
In the end, my opinion for any Seller Disclosure form is that it is good Supplemental information. Supplemental ONLY to YOUR doing proper due diligence like hiring a Professional Home Inspector & / or other professionals to check the property for you, including but not limited to, plumbers, electricians, general contractors, geological or soils testers, mold inspectors etc.
I hope you're still able to close on your home purchase.
Shoot me an email directly to talk about this further, I don't look back on this same Trulia posting for answers after mine.
Emily S. Knell
Realtor Since 1996
Realty ONE Group
Short Sale Listing Agent w/ 97% success rate
100% Success Rate in CA
Closing short sales within 300mi of my home!