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At a brokerage meeting in Lake Havasu City, a seller tells the buyer that hauled water is 'the same as having a private well' and needs no further discussion. Which outcome best matches current Arizona practice?

Correct Answer

C) hauled-water service can present practical and contractual limitations and should not be represented as identical to a private well without basis

Under ADRE Buyer Advisory; Arizona rural-property practice, hauled-water service can present practical and contractual limitations and should not be represented as identical to a private well without basis.

Answer Options
A
Arizona bans disclosure of hauled-water concerns in that Arizona transaction
B
only lenders care about hauled-water service under current Arizona law under the stated facts
C
hauled-water service can present practical and contractual limitations and should not be represented as identical to a private well without basis
D
hauled-water limitations are never material to rural buyers for that fact pattern

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Related Topics & Key Terms

Key Terms:

arizona_specificwaterhauled_waterwater_rights_disclosureaz_water_rights
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