A seller completing the Transfer Disclosure Statement in California must disclose various property conditions. All of the following must be disclosed on the TDS EXCEPT:
Correct Answer
D) A death on the property that occurred more than three years before the buyer's offer
Under California Civil Code §1710.2, a death that occurred on the property more than three years before the buyer's offer is not a required disclosure on the TDS. All other listed conditions — known noise nuisances, plumbing defects, and unpermitted alterations — are material facts that must be disclosed.
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Previous Question
Carlos is selling his home in Fresno. After delivering the TDS to the buyer, Carlos discovers a new crack in the foundation before escrow closes. Under California Civil Code §1102.3(c), what is Carlos required to do?
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Mark, a listing agent in California, learns from the seller that one unit in a fourplex has a persistent mold issue. The seller asks Mark not to disclose the mold because the seller plans to remediate before closing. What is Mark's legal obligation?