Question

Which one of the following statements regarding disclosure is true?
1. The seller and licensees need not disclose to a prospective buyer the manner or occurrence of an occupant's death in the home if it occurred within the past three years.
2. HIV/AIDS cannot be disclosed even when asked; by law HIV/AIDS are not material facts that require disclosure.
3. If an occupant died of AIDS or an AIDS-related syndrome within the past three years, that fact must be disclosed to a prospective buyer.
4. If asked by a prospective buyer if an occupant died of AIDS or an AIDS-related syndrome within the last three years, the seller or licensee must reply truthfully if known.

Answer 1

Answer:

4

Explanation:

The death on property must be disclosed to buyers by stateagents or owners if the death has occurred within last three years but the manner of death is not requried to be disclosed unless asked by the buyer.