Property Ownership
Indiana's Residential Disclosure requirements for new construction differ from resale requirements because new construction sellers:
AMust provide even more detailed disclosures
BMay be exempt from the Seller's Disclosure Act but are subject to builder warranties and regulatory requirements for new construction✓ Correct
CHave no disclosure obligations
DOnly need to disclose soil conditions
Explanation
New construction sales may be exempt from Indiana's Seller's Residential Disclosure Act (which applies primarily to resales), but builders have their own obligations including implied warranties of habitability and merchantability for new construction.
Related Indiana Property Ownership Questions
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