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Az Water RightsWater_rights_disclosureMEDIUM

An Arizona seller knows a rural parcel relies on a shared well with limited year-round service. What disclosure conclusion is most accurate under Arizona law?

Correct Answer

B) 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
water-source limitations never matter if the land is vacant in that Arizona transaction
B
known material limitations of a property's water source should be disclosed rather than assumed away in rural Arizona transactions
C
rural water issues are always the buyer's problem and should never be disclosed
D
only municipal-water properties have disclosure concerns under current Arizona law

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Related Topics & Key Terms

Key Terms:

arizona_specificwaterdisclosureruralwater_rights_disclosureaz_water_rights
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