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Mandated DisclosuresWater_wastewater_disclosureHARD

A Vermont licensee is asked about unpermitted construction or septic work affects a Vermont property. What is the best answer?

Correct Answer

D) The issue can create marketability and buyer-remedy concerns and should be treated as a material transaction issue

The Vermont state exam tests unpermitted construction and wastewater or septic issues as marketability and buyer-remedy concerns. Source basis: Vermont OPR Real Estate Salesperson State Jurisprudence Exam, SALES EXAM #2, retrieved 2026-04-25

Answer Options
A
Missing permits never affect marketability
B
The broker ignores the issue if the seller did the work personally
C
The issue is disclosed only if the lender discovers it first
D
The issue can create marketability and buyer-remedy concerns and should be treated as a material transaction issue

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Related Topics & Key Terms

Related Topics:

vt.S6water_wastewater_disclosure

Key Terms:

vermontvt.S6water_wastewater_disclosurepermits
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