Environmental
A Mississippi buyer discovers that a property has a mold problem. The seller's disclosure obligation under Mississippi law requires the seller to disclose:
AOnly mold visible to the naked eye
BKnown material defects including known mold issues✓ Correct
CMold only if it has been professionally tested
DNothing, because mold is a buyer's responsibility to discover
Explanation
Under Mississippi's Seller's Disclosure Law, sellers must disclose known material defects affecting the property's value or habitability, which includes known mold problems.
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Key Terms to Know
Zoning
Local government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
VarianceOfficial permission to use land in a way that does not conform to the applicable zoning ordinance, granted by a zoning board when strict enforcement would cause undue hardship.
Eminent DomainThe power of government to take private property for public use, with the requirement to pay the owner just compensation.
Adverse PossessionA doctrine by which a person can gain legal title to another's land by openly, continuously, and adversely occupying it for a statutory period.
State-Specific Concepts
Disclosure Requirements
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