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Practice Of Real Estate DisclosuresAgent_visual_inspectionEASY

Under California law, when should a listing agent conduct the visual inspection of the property?

Correct Answer

C) As soon as practicable after obtaining the listing, typically before marketing the property

The listing agent should conduct the visual inspection as soon as practicable after obtaining the listing, ideally before marketing begins. This ensures that the agent's findings are available for disclosure when prospective buyers submit offers. Early inspection allows for timely and complete disclosure.

Answer Options
A
After the buyer's offer has been accepted but before contingencies are removed
B
Only after the buyer requests an inspection contingency in the purchase agreement
C
As soon as practicable after obtaining the listing, typically before marketing the property
D
Within 30 days of the close of escrow as a final verification

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Related Topics & Key Terms

Key Terms:

visual_inspectiontiminglisting_agentproactiveCal_Civil_Code_2079

Related Concepts

HOA disclosure requires informing buyers about the existence, rules, fees, financial health, and restrictions of a homeowners association governing the property. This information helps buyers understand their obligations before purchase.

The Lead-Based Paint Disclosure is a federally mandated disclosure required for all residential properties built before 1978. Sellers and landlords must disclose known lead-based paint hazards and provide the EPA pamphlet "Protect Your Family From Lead in Your Home."

A material defect is a condition that significantly affects the value, desirability, or safety of a property and that would likely influence a reasonable buyer's decision to purchase or the price they would pay.

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