Contracts
A Kentucky seller who discloses that the property is in a flood zone but the buyer still wishes to proceed creates a written acknowledgment. This acknowledgment should:
ABe filed with KREC
BBe signed by the buyer and retained with the transaction records✓ Correct
CBe notarized to be effective
DBe filed with the county flood authority
Explanation
Written acknowledgments of disclosed material facts (like flood zone status) should be signed by the buyer and retained in the transaction file to document that the disclosure was made and acknowledged.
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