Seller Perez added a new basement to his house 10 years ago. What are Seller Perez’s obligations to any potential purchasers of this house?
- Perez must disclose this information to the broker, who will then determine whether or not to disclose it to the buyer
- Perez does not have to disclose anything.
- Perez only has to disclose the add-on if it was not permitted
- Perez must disclose the information regardless of whether the basement was properly permitted.
The answer is D.