Suppose that a single family home is sold by the homeowner “as-is”. Which of the following disclosures is not required?
- Real Estate Transfer Disclosure Statement
- Disclosure Regarding Real Estate Agency Relationship
- Natural Hazard Disclosure Statement
- Lead Pain Disclosure.
The answer is B. Because the home was sold by the homeowner by him/herself (without an agent), then agency disclosure is not required.
It’s important to note that even in an as is sale, all of the normal disclosures are still required – so just because it’s as is, does not mean that disclosures are not required.