Contracts
A Maine seller's disclosure form reveals a history of roof leaks. The buyer still proceeds with the purchase. If the same roof leaks after closing, the buyer's recourse against the seller is:
AUnlimited for any amount
BLimited since the condition was disclosed before closing✓ Correct
CFull recovery of repair costs
DAvailable only if the leak is catastrophic
Explanation
When a seller discloses a known defect and the buyer proceeds with full knowledge of the condition, the buyer's recourse is generally limited. Known defects disclosed in writing reduce the seller's liability.
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