Using the current Arizona SPDS, in a licensing seminar in Nogales, a broker explains that the SPDS can help document what the seller disclosed during the transaction. Which outcome best matches current Arizona practice?
Correct Answer
D) the SPDS can serve as evidence of disclosure practice, but it does not replace broader duties to tell the truth about known material facts
Under current AAR SPDS; Hill v. Jones, the SPDS can serve as evidence of disclosure practice, but it does not replace broader duties to tell the truth about known material facts.
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Previous Question
In a licensing seminar in Nogales, a seller asks what the Arizona SPDS is actually meant to accomplish in a resale transaction. Which outcome best matches current Arizona practice?
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Using the current Arizona SPDS, in a licensing seminar in Chandler, a seller answers several SPDS questions with a single question mark and no explanation even though repairs are known. Which statement is most accurate under current Arizona rules?