An Oklahoma licensee is asked about a seller learns of a new defect after already delivering a disclosure or disclaimer statement. What is the best answer?
Correct Answer
D) The seller must promptly deliver a written, signed, and dated disclosure or amended disclosure describing the newly discovered defect
60 O.S. section 834 requires prompt written amended disclosure when the seller becomes aware of a defect after delivery. Source basis: OREC Residential Property Condition Disclosure Act booklet updated 2025, 60 O.S. sections 831-839: disclaimer/disclosure statements, delivery before acceptance, licensee duties, remedies, exemptions, and acknowledgments. Checked 2026-04-30.
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Related Topics & Key Terms
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Key Terms:
Related Concepts
Mold disclosure involves informing buyers about the presence of mold or conditions that are conducive to mold growth in a property. While no federal mold disclosure law exists, many states require disclosure of known mold issues.
A property condition disclosure is a written statement by the seller detailing the known condition of the property, including defects, repairs, and issues with major systems. Most states require sellers to complete this form.
Protected classes are groups of people who are legally shielded from discrimination based on specific characteristics.
More Mandated Disclosures Questions
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- → In Vermont, covered pre-1978 property is shown to a buyer. Which statement is correct?
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- → Which Oklahoma rule applies when a seller wants to use the Oklahoma disclaimer statement instead of a disclosure statement?
- → An Oklahoma licensee is asked about a seller of covered Oklahoma residential property is preparing for a buyer’s offer. What is the best answer?
- → In Oklahoma real estate practice, a seller has not yet accepted a purchaser’s offer. What should the licensee remember?
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