Environmental
A Colorado property is discovered to have naturally occurring arsenic in the groundwater from the well. This condition:
AIs not a concern since arsenic is natural
BMust be disclosed as an adverse material fact and may affect property value and insurability✓ Correct
COnly affects agricultural properties
DIs automatically covered by the seller's homeowners insurance
Explanation
Naturally occurring arsenic in well water is a health hazard and must be disclosed as an adverse material fact in Colorado. It can affect property value, require remediation, and impact a buyer's decision to purchase the property.
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