An Ohio seller completes the Residential Property Disclosure Form listing no known issues with the electrical system. The seller hired an electrician 2 years ago who identified outdated wiring and recommended upgrades, but the seller chose not to make the repairs. Under Ohio law, what is the seller's disclosure obligation?
Correct Answer
C) The seller must disclose the electrician's findings because the seller has actual knowledge of the electrical issue
The seller received professional advice identifying an electrical issue, giving the seller actual knowledge of the condition. Under ORC §5302.30, the seller must disclose this known condition on the Residential Property Disclosure Form, even if the seller chose not to make repairs.
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More Oh Disclosure Requirements Questions
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- → Kevin, an Ohio first-time seller, asks whether he must disclose that his property is connected to the municipal sewer system. Under Ohio disclosure practice, which statement is correct?
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Previous Question
An Ohio buyer waives the right to receive the Residential Property Disclosure Form in writing as part of the purchase agreement. After closing, the buyer discovers undisclosed defects. Under Ohio law, does the waiver eliminate the buyer's right to sue for fraud?
Next Question
Dan, an Ohio seller, asks what happens if he refuses to complete the Residential Property Disclosure Form. Under ORC §5302.30, what are the consequences?