Contracts
Under the North Dakota Seller's Disclosure Statement, the seller must disclose:
AOnly defects discovered in the past year
BAll known material defects affecting the property's value or desirability✓ Correct
COnly structural defects requiring immediate repair
DDefects costing more than $1,000 to repair
Explanation
The North Dakota Seller's Disclosure Statement requires sellers to disclose all known material defects — any conditions that could affect the property's value or desirability that a reasonable buyer would want to know about.
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