Michigan's Seller Disclosure Act requires disclosure of:
Question & Answer
Review the question and all answer choices
Only structural defects
A is incorrect because the Act requires disclosure of all material defects affecting value or desirirability, not just structural ones. Material defects include issues like plumbing problems, roof leaks, or pest infestations that may not be structural but still impact value.
Known material defects that affect the property value
Every minor repair needed
C is incorrect because sellers are not required to disclose every minor repair. The Act focuses on material defects that significantly affect value or desirability, not cosmetic issues or minor maintenance items.
Only environmental hazards
D is incorrect because while environmental hazards must be disclosed, they are just one category of material defects. The Act requires disclosure of all material defects affecting value or desirability, not just environmental ones.
Why is this correct?
B is correct because Michigan's Seller Disclosure Act requires sellers to disclose known material defects that affect property value or desirability. This includes any issues that could reasonably impact a buyer's decision or the property's worth, not just structural issues.
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