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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?

Correct Answer

D) § 32-2156 is limited to specific no-disclosure categories and does not excuse concealment of ordinary material defects

Under A.R.S. § 32-2156, § 32-2156 is limited to specific no-disclosure categories and does not excuse concealment of ordinary material defects.

Answer Options
A
§ 32-2156 authorizes non-disclosure of any fact that may hurt value
B
§ 32-2156 replaces all common-law disclosure rules under current Arizona law
C
§ 32-2156 applies only if the buyer signs a financing addendum
D
§ 32-2156 is limited to specific no-disclosure categories and does not excuse concealment of ordinary material defects

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Key Terms:

arizona_specificspds32_2156_limitsspds_exemptions_and_delivery
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