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Seller's Disclosure Act of 1993
Instructor: John Henderson JT@grar.com

0:12 Minutes

Module 1 - Lesson 4 Self Assessment Review:

(We suggest you print this page as a study guide for the final exam)

 

Question 4-1 Sellers must act in good faith, to be honest when completing the Sellers Disclosure:

Correct Answer: True

Question 4-2 Seller’s agents must provide a copy of the Seller’s Disclosure to the public:
 

Correct Answer: True

 

Question 4-3 A municipality may not create an additional disclosures beyond the Seller’s Disclosure in connection with a transaction:

 

Correct Answer: False

Question 4-4 A seller’s agent can by liable for violating the Seller’s Disclosure Act by:

 

Correct Answer: Knowingly acting in concert with a seller to violate the Act.