Environmental
An Iowa property seller is aware of an old oil drum burial site on the back of their property. Under Iowa's seller disclosure law, the seller:
AMay omit this from the disclosure if it is not visible
BMust disclose this as a known environmental condition✓ Correct
COnly needs to disclose if contamination has been confirmed
DCan disclose this verbally to the buyer's agent only
Explanation
Known environmental hazards, including buried oil drums, are material conditions that Iowa sellers must disclose on the Residential Property Condition Disclosure Statement.
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