Environmental
In Kentucky, a seller of commercial property is required to disclose:
AOnly defects visible during a walk-through inspection
BKnown material facts that could affect value or the buyer's decision to purchase✓ Correct
COnly defects listed in a KREC-prescribed checklist
DOnly defects that were discovered by a Phase I assessment
Explanation
Kentucky sellers and their agents must disclose all known material facts, including environmental issues, whether or not they appear on any checklist and regardless of whether they were discovered through formal assessment.
Related Kentucky Environmental Questions
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