ContractsSeller DisclosureMEDIUM
A West Virginia seller's property condition disclosure form is:
Correct Answer
B) A statement of the seller's knowledge of the property's condition
The seller's disclosure form is a statement of the seller's knowledge about the property's condition — not a guarantee or warranty. Buyers should still conduct their own independent inspections and investigations.
Answer Options
A
A warranty of the property's conditionB
A statement of the seller's knowledge of the property's conditionC
A substitute for a home inspectionD
Only required for properties over $200,000Why This Is the Correct Answer
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Related Topics & Key Terms
Related Topics:
caveat-emptorbuyer-inspectiongood-faith-disclosure
Key Terms:
seller disclosureknowledgenot warrantystill inspectgood faith
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