Regarding radon disclosure in Delaware, which statement is most accurate?
Correct Answer
B) Sellers must disclose known radon test results to buyers
Under Delaware's Seller's Disclosure of Real Property Condition Act (24 Del. C. § 2929), sellers are required to disclose known radon test results on the standard disclosure form. Delaware has areas with elevated radon levels, making this disclosure an important consumer protection. Failure to disclose known results can expose the seller to liability.
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Related Concepts
Radon disclosure involves informing buyers about the presence or potential presence of radon gas in a property. Radon is a naturally occurring radioactive gas that can accumulate in buildings and is the second leading cause of lung cancer.
Fair housing laws apply to a broad range of activities related to housing, including sale, rental, financing, and advertising.
A seller's disclosure statement is a form that sellers complete to inform buyers about the condition and history of the property, including known defects, past repairs, insurance claims, and environmental issues.
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