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At Cactus Peak Realty in Buckeye, a buyer asks whether the seller had to disclose that a felony occurred on the property years ago. Which statement is most accurate under current Arizona rules?

Correct Answer

D) that kind of event falls within Arizona's specific safe-harbor categories and should not be confused with ordinary material defect disclosure

Under A.R.S. § 32-2156, that kind of event falls within Arizona's specific safe-harbor categories and should not be confused with ordinary material defect disclosure.

Answer Options
A
buyers may rescind automatically over any undisclosed past felony on the property
B
historical events and physical defects are treated identically by Arizona law
C
every historical felony on a property must be disclosed like a roof leak
D
that kind of event falls within Arizona's specific safe-harbor categories and should not be confused with ordinary material defect disclosure

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Key Terms:

arizona_specificspdssafe_harbor_examplesspds_exemptions_and_delivery
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