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Pa Seller DisclosureEnvironmental_disclosuresMEDIUM

A seller in Pennsylvania knows that the property is located near a former landfill that closed 15 years ago. The seller has never experienced any issues related to the landfill. Must this proximity be disclosed?

Correct Answer

B) Yes, known proximity to a former landfill is an environmental condition that could affect the property and should be disclosed

Under 68 Pa.C.S. §7303, the seller should disclose known environmental conditions that could affect the property. Proximity to a former landfill can impact property value, groundwater quality, and potential for methane migration.

Answer Options
A
No, because the landfill is closed and the seller has had no issues
B
Yes, known proximity to a former landfill is an environmental condition that could affect the property and should be disclosed
C
No, because the landfill is not on the seller's property
D
Yes, but only if the landfill is within 500 feet of the property

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Related Topics & Key Terms

Key Terms:

landfillproximityclosed_landfillenvironmental_condition

Related Concepts

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.

Megan's Law requires states to make information about registered sex offenders available to the public. Some states require real estate agents to inform buyers about the availability of sex offender registries.

Mold disclosure involves informing buyers about the presence of mold or conditions that are conducive to mold growth in a property. While no federal mold disclosure law exists, many states require disclosure of known mold issues.

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