Maria is selling her home in Pueblo, Colorado. She is aware that the property has a radon mitigation system installed because a previous test revealed elevated radon levels. When completing the CREC-approved Seller's Property Disclosure form, what must Maria do regarding this information?
Correct Answer
A) Disclose the elevated radon test results and the existence of the mitigation system as known material facts
Under the Colorado Seller's Property Disclosure Act (C.R.S. § 38-35.7-101 et seq.), sellers must disclose all known material defects and conditions on the CREC-approved form. Elevated radon levels and the presence of a mitigation system are both known material facts that affect the property. Disclosure of both the prior test results and the mitigation system is required because a buyer needs complete information to make an informed decision.
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Under Colorado law, which document must a seller of residential real property use to disclose known material defects, including environmental conditions, to a prospective buyer?
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