Contracts
In New Mexico, which of the following is included in the typical NM Seller's Property Disclosure Statement?
AThe seller's mortgage balance
BKnown defects in the roof, foundation, plumbing, electrical, HVAC, water, pests, and environmental conditions✓ Correct
CThe buyer's creditworthiness
DThe broker's commission amount
Explanation
The NM Seller's Property Disclosure Statement covers the seller's knowledge of defects and conditions affecting major building systems (roof, foundation, HVAC, plumbing, electrical), water supply, pests, and environmental hazards.
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