When is a TDS not required?

When would a TDS (Transfer Disclosure Statement) not be required?

  1.  when dealing with unemancipated minors
  2.  When the sale is as is.
  3.  When the house is less than 1 year old
  4.  When the house is an estate being transferred by an administrator.

The answer is D – a TDS is required even when the sale is as is.