Virginia Real Estate Exam Practice Question
If youre in a caveat emptor state, which statement about property condition disclosures is true?
Correct Answer: A
Rationale: In a caveat emptor state, the principle of "let the buyer beware" applies, meaning sellers are not required to disclose property defects unless specifically asked. Therefore, option A accurately reflects this lack of obligation to proactively disclose defects.
Option B is incorrect because sellers are not mandated to conduct home inspections; this is typically the buyer's responsibility.
Option C misrepresents the seller's duties in caveat emptor states, as they are not required to disclose known defects unless questioned.
Option D is also incorrect since it combines the unnecessary obligation of conducting an inspection with proactive disclosure, which is not required in these states.
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