Patricia is selling her home in Greenwich and discovers a significant foundation crack after she has already delivered the Residential Property Condition Disclosure Report to the buyer but before closing. Her broker advises her on her obligations. Which of the following most accurately reflects Connecticut law regarding newly discovered material defects after the disclosure report has been delivered?
Correct Answer
B) Patricia should update or amend the disclosure report to reflect the newly discovered material defect before closing
Connecticut's disclosure obligations are rooted in the principle that sellers must disclose known material defects. When a seller discovers a new material defect after the initial disclosure report has been delivered, best practice and legal obligation require the seller to update or amend the disclosure to reflect the newly discovered condition. Failing to disclose a known material defect discovered after delivery could expose the seller to liability under CGS § 20-327b and potentially CUTPA for deceptive omission.
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Previous Question
At the closing of a residential property in Waterbury, Connecticut, the buyer's attorney asks for documentation confirming that the home complies with Connecticut's smoke and carbon monoxide detector requirements. The seller's agent is unsure what is needed. Which of the following correctly describes the seller's obligation under Connecticut law at the time of closing?
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The Connecticut Transfer Act (CGS § 22a-134) is triggered when a property qualifies as an 'establishment.' Which of the following property types would MOST LIKELY trigger Transfer Act compliance obligations when being sold?