Virginia Real Estate Exam Practice Question
What is a buyers obligation related to property condition disclosures in Virginia?
Correct Answer: D
Rationale: In Virginia, buyers are responsible for conducting due diligence regarding a property's condition, which includes investigating any potential issues. This proactive approach ensures they are fully informed before making a purchase.
Option A is incorrect; buyers do have obligations related to property conditions. Option B, while advisable, is not mandatory; buyers are not legally required to obtain a home inspection. Option C is misleading; while buyers should be informed, they are not obligated to terminate a contract solely for the lack of a disclosure. Thus, taking necessary actions for due diligence is essential for informed decision-making.
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