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?
Correct Answer
D) Disclose the unpermitted garage conversion as a finding in his agent visual inspection section of the TDS
Under California Civil Code §2079, David must disclose all material facts discovered during his visual inspection. An unpermitted garage conversion is a material fact affecting the property's legal status and value. David must note this finding in his agent section of the TDS.
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Previous Question
Under California Civil Code §1102, the Transfer Disclosure Statement applies to transfers of residential real property consisting of how many dwelling units?
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A California seller delivers the TDS to a buyer before the buyer signs the purchase agreement. After the buyer signs, the seller discovers a cracked sewer line and sends an amended TDS by mail on Monday. Under California law, when does the buyer's new rescission period expire?