Virginia State Real Estate Exam Practice Question
If an on-site sewage system is failing, a listing agent for a residential property must inform the seller to provide disclosure ___.
Correct Answer: A
Rationale: In situations where an on-site sewage system is failing, the seller must provide disclosure in writing before the contract is ratified (Option A). This ensures that potential buyers are fully informed of significant issues that could affect their decision to purchase the property.
Option B is incorrect because disclosure should occur before a home inspection, not after. Option C is not sufficient, as disclosing orally to the buyer's agent does not fulfill the legal requirement for written disclosure. Option D is also wrong, as waiting until after closing would not allow buyers to make informed decisions prior to finalizing the purchase.
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