Agent Martinez is representing a buyer interested in purchasing a newly constructed home from ABC Builders. The home was completed 6 months ago and has never been occupied. When should the builder provide the SPDS to the buyer?
Correct Answer
C) No SPDS is required for new construction
New construction homes that have never been occupied are exempt from SPDS requirements. The SPDS is only required for previously occupied residential properties. Option A is incorrect because even if an SPDS were required, the timing would be wrong. Option B is incorrect because while this is typically when SPDS delivery occurs for existing homes, new construction is exempt. Option D is incorrect as it references an improper timeframe and new construction doesn't require SPDS.
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