Environmental
A NC homeowner discovers black mold in their home. Regarding disclosure and remediation, which statement is MOST accurate?
AMold is not a material fact requiring disclosure
BKnown mold problems must be disclosed and remediated by a licensed mold contractor before sale
CThe seller must disclose known mold as a material fact on the NC Residential Property Disclosure Statement✓ Correct
DMold is only a concern in homes built before 1970
Explanation
NC's Residential Property Disclosure Statement requires sellers to disclose known mold or mold remediation history. While there is no state law requiring remediation before sale, known mold is a material fact. Buyers may negotiate remediation or price reduction during due diligence.
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