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Under the Idaho Property Condition Disclosure Act, which type of residential property transaction triggers the seller's obligation to complete and deliver a Property Condition Disclosure Form to the buyer?

Correct Answer

D) Residential real property consisting of one to four dwelling units

Under Idaho Code § 55-2501 et seq., the Idaho Property Condition Disclosure Act requires sellers of residential real property consisting of one to four dwelling units to complete and deliver the Property Condition Disclosure Form to the buyer prior to or at the time of entering into a purchase agreement. This scope—1 to 4 units—is the statutory definition that triggers the disclosure obligation.

Answer Options
A
Any real property transaction, including commercial and industrial properties
B
Residential properties with five or more units that are owner-occupied
C
Only single-family detached homes with more than 1,000 square feet
D
Residential real property consisting of one to four dwelling units

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Related Topics & Key Terms

Key Terms:

property_condition_disclosureresidential_propertydisclosure_triggeridaho_code_55

Related Concepts

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