When may the seller provide a buyer with a property condition disclaimer instead of a disclosure?...

When may the seller provide a buyer with a property condition disclaimer instead of a disclosure?

A) When the property is offered "as is."
B) When the buyer waives the right to a disclosure.
C) When the seller is unaware of any conditions requiring disclosure.
D) When the improvements are less than one year old.

Expert Solution

Property condition disclaimer is when the owner makes no warranties or representations as to the property condition and the buyer agrees to purchase the property as it is.

Thus option A is the answer as the seller offers the property as it is.

This is also a possible solution but this option proves out to be expensive and the seller offers the deal first, it isn't in the hands of the buyer. The buyer would always like a disclosure agreement.

Seller is always aware as he has to follow law.

There might be some sort of new improvement always in place, to do for the buyer, thus this option is false.

Thus A is the answer

Rahul Sunny answered 2 years ago

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