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Az Environmental Land UseEnvironmental_disclosuresMEDIUM

In a licensing seminar in Sierra Vista, a seller knows of a prior contamination issue that remains material to the property and asks whether silence is acceptable because the buyer can research online. Which statement is most accurate under current Arizona rules?

Correct Answer

A) known material environmental conditions should be disclosed rather than concealed simply because public sources may also exist

Under Arizona disclosure practice; ADEQ materials, known material environmental conditions should be disclosed rather than concealed simply because public sources may also exist.

Answer Options
A
known material environmental conditions should be disclosed rather than concealed simply because public sources may also exist
B
publicly searchable conditions never need disclosure under current Arizona law
C
environmental conditions are never material to value or use in that Arizona transaction
D
sellers may stay silent about known contamination in all as-is sales

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Related Topics & Key Terms

Key Terms:

arizona_specificenvironmentaldisclosurematerial_conditionenvironmental_disclosuresaz_environmental_and_land_use

Related Concepts

A certificate of occupancy (CO) is an official document issued by the local building department certifying that a building complies with building codes and is safe for occupancy. It is required before a building can be legally occupied.

A conditional use permit (also called a special use permit) allows a land use that is not automatically permitted by zoning but may be allowed under certain conditions. The use must be compatible with the surrounding area.

Deed restrictions are limitations placed in a deed that control how a property may be used by the current and future owners. They are a form of private land use control that runs with the land.

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