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At Saguaro River Realty in Glendale, a rural parcel is served by community water service, and the seller knows that year-round service can be limited. What is the best answer under current Arizona law or current Arizona form practice?

Correct Answer

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

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Related Topics & Key Terms

Key Terms:

arizona_specificwaterdisclosureruralwater_rights_disclosureaz_water_rights
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