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SpdsSpds_exemptions_and_deliveryEASY

Tom is purchasing a home built in 1955 that has been completely renovated. The seller's agent tells him that no SPDS is required because the home was built before a certain date. Is this correct?

Correct Answer

B) No, all residential resales require an SPDS regardless of construction date

Arizona does not exempt residential resales from the Seller's Property Disclosure Statement based on construction date. The SPDS is required for residential resale transactions regardless of when the home was built, and any renovations do not change that requirement.

Answer Options
A
Yes, homes built before 1960 are exempt from SPDS requirements
B
No, all residential resales require an SPDS regardless of construction date
C
Yes, but only if the renovation was completed before 1980
D
No, the renovation after 1960 triggers the SPDS requirement

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Related Topics & Key Terms

Key Terms:

SPDSexemptionsconstruction_datepre_1960
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