Question

In: Accounting

What document provided by the seller describes the condition of the property?



 What document provided by the seller describes the condition of the property?

  •  Home inspection report

  •  Loan estimate

  •  Comparative market analysis

  •  Property disclosure


Solutions

Expert Solution

Answer = D) property disclosure

Explanation:

Property disclosure statement is used by the seller to provide knowledge to the buyer of any defect or condition of the home or any issue known to him.

It is mandatory required by law to serve property disclosure certificate by seller to buyer of the property.

It is also served to legally protect the seller from any lawsuit in the future

ekkarill92 answered 2 years ago
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