Virginia License Law
The Virginia Residential Property Disclosure Act requires sellers of residential property to:
AProvide a full home inspection report
BDeliver a Residential Property Disclosure Statement to the buyer✓ Correct
CDisclose the current mortgage balance
DGuarantee the property against defects for one year
Explanation
Under the Virginia Residential Property Disclosure Act, sellers of residential real property must deliver a Residential Property Disclosure Statement to the buyer before ratification of the contract.
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