Agency
Indiana's Seller's Residential Real Estate Sales Disclosure requires sellers to disclose their knowledge of defects in:
AOnly the foundation and roof
BA wide range of property conditions including the structure, systems, environmental conditions, and legal issues✓ Correct
COnly defects the seller personally caused
DOnly defects discovered in the past 12 months
Explanation
Indiana's disclosure form requires sellers to disclose their actual knowledge of conditions affecting the property — including structural issues, systems (HVAC, plumbing, electrical), environmental concerns, and legal issues such as violations or disputes.
Related Indiana Agency Questions
- Indiana requires that the agency disclosure form be provided to a consumer:
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- When a seller's agent learns that the buyer's lender has pre-approved the buyer for significantly more than the offer price, the agent should:
- A buyer's agent in Indiana who also receives a referral fee from a home inspector they recommended to their buyer client must:
- Ostensible (apparent) agency arises when:
- A principal may terminate an agency relationship at any time. However, doing so before the agency term expires may result in:
- In Indiana, written agency disclosure must be provided to a consumer:
- Indiana's Non-Agency Brokerage (transaction broker) relationship was created to allow brokers to:
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