Contracts
What is a 'seller's disclosure' obligation under Delaware's Seller Disclosure of Real Property Condition Act?
ASellers must disclose only structural defects visible during the buyer's inspection
BSellers must complete and deliver a written disclosure form identifying known material defects in the property's condition — roof, foundation, plumbing, electrical, HVAC, environmental hazards, water issues, and other known problems✓ Correct
CSellers are only required to disclose defects that cost more than $5,000 to repair
DThe disclosure obligation applies only to residential properties in New Castle County
Explanation
Delaware's Seller Disclosure of Real Property Condition Act requires residential sellers to complete a detailed written disclosure form covering known material defects in all major property systems and conditions — structural, mechanical, environmental, water/sewer, HOA, zoning, and other relevant matters. The form must be provided before the buyer makes an offer or immediately after acceptance.
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