A buyer's agent in Georgia is asked about potential radon, mold, and wetland issues on a residential property. The buyer wants to know whether Georgia requires a specific statutory environmental disclosure form covering these hazards. How should the agent best handle these environmental concerns?
Correct Answer
A) Disclose any known material facts about environmental conditions and recommend that the buyer obtain appropriate professional inspections or environmental assessments.
Georgia does not have a single mandatory statewide environmental disclosure statute or form covering radon, mold, asbestos, wetlands, and contamination. Instead, Georgia licensees fulfill their duties by disclosing known material facts about environmental conditions, following applicable federal disclosure requirements (such as the federal lead-based paint disclosure under 42 U.S.C. § 4852d for pre-1978 homes), and referring buyers to qualified inspectors or environmental professionals. This approach is consistent with GREC guidance and O.C.G.A. § 43-40-25, which requires licensees to act competently and not make misleading statements.
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