Contracts
Under the South Dakota Seller's Property Condition Disclosure, which statement about the seller's obligations is TRUE?
ASellers must conduct professional inspections before completing the form
BSellers must disclose known material defects to the best of their knowledge✓ Correct
CSellers are liable for defects they were not aware of
DThe disclosure only covers defects that occurred in the last 5 years
Explanation
Sellers must disclose known material defects to the best of their knowledge on the SPCD. They are not required to investigate unknown conditions, but cannot willfully conceal known problems.
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