A seller lived in the home for only six months and genuinely doesn't know about potential environmental hazards from previous ownership. How should the environmental section be completed?
Correct Answer
C) Mark 'Unknown' where the seller lacks knowledge
Sellers should mark 'Unknown' when they genuinely lack knowledge about specific conditions rather than guessing or leaving blank. Option A is incorrect because blank responses don't fulfill disclosure obligations. Option B is incorrect because marking 'No' implies knowledge of the absence of hazards. Option D is incorrect because sellers aren't required to research beyond their actual knowledge.
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Previous Question
A property has a retaining wall that shows minor cracking but remains structurally sound according to an engineer's report from six months ago. The seller is unsure how to address this in the SPDS structural section. What should be disclosed?
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An Arizona seller completes the structural section of the SPDS. Which listed item is the exception that the section does not require the seller to disclose?