Rhode Island License Law
Rhode Island's Residential Real Estate Condition Disclosure Statement is required for:
AAll real estate transactions including commercial
BOnly new construction homes
CTransfers of residential property to disclose known material defects✓ Correct
DOnly properties with known lead paint
Explanation
Rhode Island law requires sellers of residential real property to complete a Residential Real Estate Condition Disclosure Statement. Sellers must disclose known material defects and conditions of the property to prospective buyers.
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