Agency
What is a 'seller's disclosure advisory' and how does it differ from the seller property condition disclosure in Idaho?
AThey are the same document
BA disclosure advisory explains the seller's obligations to disclose; the property condition disclosure is the actual document listing known defects — the advisory helps sellers understand what must be disclosed✓ Correct
CA disclosure advisory is required; the property condition disclosure is optional
DA disclosure advisory is for commercial properties; property condition disclosure is for residential
Explanation
In Idaho transactions, agents often provide sellers with a disclosure advisory (or instructions) explaining what the Idaho Seller Property Disclosure Act requires them to reveal. The actual Seller Property Condition Disclosure form (required by Idaho Code §55-2501) is completed by the seller to document known material defects in the property.
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