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Pa Seller DisclosureSeller_disclosure_68pacs7301MEDIUM

In a Pennsylvania residential sale, the seller provides the disclosure statement with several items marked 'unknown.' The buyer proceeds to closing without requesting additional information. Six months later, the buyer discovers significant structural damage that the seller genuinely did not know about. Under 68 Pa.C.S. §7311, what is the outcome?

Correct Answer

A) The seller is not liable if the seller genuinely lacked knowledge of the structural damage

Under 68 Pa.C.S. §7311, the seller is liable only for known defects that were not disclosed or were misrepresented. If the seller genuinely did not know about the structural damage, marking 'unknown' is an accurate and honest response, and the seller has no liability.

Answer Options
A
The seller is not liable if the seller genuinely lacked knowledge of the structural damage
B
The buyer can void the transaction within one year of closing
C
The seller is liable because marking items as 'unknown' shifts the burden of proof to the seller
D
The real estate agents are liable for failing to discover the damage during showings

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Related Topics & Key Terms

Key Terms:

unknown_markinggenuine_lack_of_knowledgestructural_damage68_pacs_7311

Related Concepts

HOA disclosure requires informing buyers about the existence, rules, fees, financial health, and restrictions of a homeowners association governing the property. This information helps buyers understand their obligations before purchase.

The Lead-Based Paint Disclosure is a federally mandated disclosure required for all residential properties built before 1978. Sellers and landlords must disclose known lead-based paint hazards and provide the EPA pamphlet "Protect Your Family From Lead in Your Home."

A material defect is a condition that significantly affects the value, desirability, or safety of a property and that would likely influence a reasonable buyer's decision to purchase or the price they would pay.

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