Contracts
A Kentucky buyer who finds a material defect after closing that was not in the seller's disclosure may pursue a claim if:
AIt has been less than 6 months since closing
BThe seller knew about the defect and failed to disclose it✓ Correct
CThe home inspector missed it
DThe buyer feels the price was too high
Explanation
A post-closing claim for non-disclosure requires showing that the seller knew about the material defect and failed to disclose it. The buyer must prove the seller's knowledge and the materiality of the defect.
Related Kentucky Contracts Questions
- A Kentucky lease that does not include a specific end date creates a:
- In a Kentucky real estate transaction, 'as-is' means:
- In Kentucky, the Statute of Frauds requires that contracts for the sale of real estate must be:
- A backup offer is:
- Under Kentucky contract law, which of the following makes a contract voidable?
- In Kentucky, which of the following best describes specific performance as a remedy for breach of a real estate contract?
- A contingency in a purchase contract:
- Which clause in a listing agreement authorizes the broker to cooperate with other brokers?
Practice More Kentucky Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Kentucky Quiz →