Environmental
In Arizona, a seller who knows about a leaking underground storage tank on the property must:
AOnly disclose if directly asked
BDisclose this material defect on the SPDS and to prospective buyers✓ Correct
CHandle it after closing
DOnly disclose to the lender
Explanation
A leaking underground storage tank is a serious material defect affecting health, environmental conditions, and property value. Arizona sellers must disclose known environmental conditions on the SPDS.
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