Under California Civil Code §1102, the Transfer Disclosure Statement applies to transfers of residential real property consisting of how many dwelling units?
Correct Answer
D) One to four residential units
California Civil Code §1102 requires the TDS for transfers of residential real property of one to four dwelling units, including single-family homes, duplexes, triplexes, and fourplexes.
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Kevin, a buyer's agent in California, receives a TDS for a property his client wants to purchase. Several questions in the seller's section are left blank. What should Kevin advise his client?
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Susan is selling her home in Riverside. Her listing agent, David, discovers during his visual inspection that the garage has been converted into a living space with a kitchenette. Susan says she did the conversion herself five years ago. David checks county records and finds no building permit. How should David handle this?