Contracts
A seller's disclosure of known defects is important in contract negotiations because:
AIt increases the seller's liability for all property conditions
BIt provides the buyer with information to negotiate price and terms and reduces post-closing disputes✓ Correct
CIt is only required for commercial properties
DIt allows the buyer to require the seller to repair all defects
Explanation
Proper disclosure enables the buyer to make an informed purchasing decision, negotiate appropriate price or repair credits, and reduces the likelihood of post-closing litigation over undisclosed defects.
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