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At Cactus Peak Realty in Lake Havasu City, a buyer of rural land wants to know whether the broker's brochure alone is enough to rely on for water questions. Which outcome best matches current Arizona practice?

Correct Answer

D) Arizona rural-property buyers should conduct water-related due diligence rather than relying solely on marketing language

Under ADRE Buyer Advisory; ADWR materials, Arizona rural-property buyers should conduct water-related due diligence rather than relying solely on marketing language.

Answer Options
A
buyers should avoid verifying water issues because that can create liability
B
Arizona contracts ban buyer water due diligence under current Arizona law
C
water due diligence matters only in city condominiums in that Arizona transaction
D
Arizona rural-property buyers should conduct water-related due diligence rather than relying solely on marketing language

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Related Topics & Key Terms

Key Terms:

arizona_specificwaterdue_diligencewater_rights_disclosureaz_water_rights
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