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During an Arizona file audit in Yuma County, a buyer asks whether the seller had to disclose that a felony occurred on the property years ago. Which statement should the broker communicate?

Correct Answer

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

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Related Topics & Key Terms

Key Terms:

arizona_specificspdssafe_harbor_examplesspds_exemptions_and_delivery
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