Using the current Arizona SPDS, at Sonoran Valley Realty in Goodyear, the seller has actual knowledge of repeated drain backups and an HVAC condenser replacement. What is the best answer under current Arizona law or current Arizona form practice?
Correct Answer
D) known significant plumbing, electrical, or HVAC issues and repair history should be disclosed rather than hidden as ordinary wear
Under current AAR SPDS, known significant plumbing, electrical, or HVAC issues and repair history should be disclosed rather than hidden as ordinary wear.
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Previous Question
Using the current Arizona SPDS, at a brokerage meeting in Tempe, the seller has actual knowledge of repeated drain backups and an HVAC condenser replacement. What should the parties assume under current Arizona rules?
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Using the current Arizona SPDS, in a Phoenix transaction review, the seller knows the roof leaked during monsoon season and that patch repairs were attempted twice. Which outcome best matches current Arizona practice?