Agency
The West Virginia Residential Property Disclosure exempts which of the following from the disclosure requirement?
AOwner-occupied homes being sold for the first time
BNew construction sold by a builder who has never occupied the property, bank foreclosures, court-ordered sales, and other specific exemptions✓ Correct
CProperties listed for more than 12 months
DProperties priced below the median market value
Explanation
The WV Residential Property Disclosure law includes specific exemptions such as sales of newly constructed homes by builders who have not occupied the property, bank-owned (REO) properties, court-ordered sales, and estate sales.
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