Property OwnershipHARD
Virginia's Residential Property Disclosure Act requires sellers to:
Correct Answer
B) Make no representations or provide a disclaimer
Virginia's unique disclosure law allows sellers to make no representations about property condition and provide a disclaimer instead of detailed disclosure.
Answer Options
A
Warrant the property conditionB
Make no representations or provide a disclaimerC
Only disclose structural defectsD
Pay for all repairsVideo Explanation3 min
Audio Lesson3 min
Study Infographics
Why This Is the Correct Answer
Sign up free to unlock full analysis
Was this explanation helpful?
More Property Ownership Questions
Who does lava belong to when it forms land in Hawaii?
In California, community property with right of survivorship (CPRS) differs from joint tenancy because:
Arizona's homestead exemption protects up to:
In Hawaii, mineral rights usually belong to:
In Arizona, water rights for surface water follow:
- → With respect to real property, the term estate is BEST described as
- → Who usually selects the administrator of an estate?
- → Vermont follows which recording system?
- → Which of the following can the grantor of a life estate NOT do?
- → Riparian rights are those rights possessed by
- → A woman receives a gift of real property by will. The woman is called
- → The loss of one’s real estate by the gradual wearing away of soil through the operation of natural causes is
- → When a person dies testate, the real property
- → The property of a person who dies intestate passes by
- → A donor conveyed land 'to River Town so long as the property is used for public park purposes.' River Town immediately developed walking trails and playgrounds. What estate did River Town receive?