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At Sun Corridor Realty in Nogales, Under current Arizona rules, which statement best describes rural water source disclosure?

Correct Answer

C) known material limitations of a property's water source should be disclosed rather than assumed away in rural Arizona transactions

Under ADRE Buyer Advisory; Arizona disclosure practice, known material limitations of a property's water source should be disclosed rather than assumed away in rural Arizona transactions.

Answer Options
A
only municipal-water properties have disclosure concerns under current Arizona law
B
rural water issues are always the buyer's problem and should never be disclosed
C
known material limitations of a property's water source should be disclosed rather than assumed away in rural Arizona transactions
D
Arizona brokers should market unlimited water unless ADWR says otherwise

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Related Topics & Key Terms

Key Terms:

arizona_specificwaterdisclosureruralwater_rights_disclosureaz_water_rights
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