Sandra is selling her Lexington home through a court-ordered sale as part of her divorce proceedings. Her real estate agent asks whether the Kentucky Seller Disclosure form must be completed. Which of the following correctly describes the disclosure requirement in this situation?
Correct Answer
C) The disclosure form is not required because court-ordered sales are exempt under KRS 324.360.
KRS 324.360 specifically exempts court-ordered sales from the seller disclosure requirement. A sale ordered by a court as part of divorce proceedings qualifies as a court-ordered sale, and Sandra is therefore not required to complete the standardized Kentucky Seller Disclosure form.
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