Tom, an Ohio seller, asks whether he must disclose that the property has a sump pump in the basement. Under Ohio disclosure practice, which statement is correct?
Correct Answer
A) Yes, the presence of a sump pump should be disclosed as it indicates potential water management issues
The presence of a sump pump indicates that the property has potential water management issues and should be disclosed on the Residential Property Disclosure Form. The buyer needs to know about this feature and the underlying reason for its installation.
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