Property OwnershipLegacy_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
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Related Topics & Key Terms
Related Topics:
contract-disclaimersproperty-inspection-requirementscaveat-emptor-principle
Key Terms:
Virginia Residential Property Disclosure Actdisclaimer statementcaveat emptoras-is disclosureVa. Code 55.1-700
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