When completing the structural section of an SPDS, a seller must disclose all of the following EXCEPT:
Correct Answer
D) Plans to remodel the kitchen after closing
Plans to remodel the kitchen after closing are future intentions, not current structural conditions, and are not required to be disclosed on the SPDS. The SPDS focuses on existing conditions and past problems. Option A is incorrect because previous termite damage should be disclosed even if repaired. Option B is incorrect because structural cracks, even small ones, should be disclosed. Option C is incorrect because roof age and inspection history are relevant structural information that should be disclosed.
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More Spds Questions
In a licensing seminar in Nogales, a salesperson repeats that Arizona statutes generally require the SPDS itself in every residential resale. Which statement is most accurate under current Arizona rules?
In a Tempe transaction review, a broker says § 32-2156 allows silence about any unpleasant fact that might scare a buyer. What is the most accurate response?
At Sonoran Valley Realty in Tempe, a broker says § 32-2156 allows silence about any unpleasant fact that might scare a buyer. What should the parties assume under current Arizona rules?
Lisa receives an SPDS from the seller on Tuesday and her agent emails her a corrected version on Friday of the same week. According to Arizona law, when does Lisa's right to cancel the purchase contract based on the SPDS expire?
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?
- → Lisa is selling her home to her brother Mike for $300,000. Mike is obtaining a conventional loan for the purchase. Their real estate agent says the parties may omit a Seller's Property Disclosure Statement (SPDS) solely because this is a family transaction. Is that advice correct for the residential resale transaction described?
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