California Real Estate Practice Exam (2)

A one-family home is sold 'as is' by a homeowner. Which of the following disclosures will not be required?

Material defect disclosure Lead-based paint disclosure Agency disclosure Earthquake safety disclosure

Correct Answer:

Agency disclosure

Explanation:

Agency disclosure will not be required because an "as is" sale means that the homeowner is not liable for any defects or issues with the property. The other disclosures listed are required by law to inform potential buyers of any known issues with the property. However, in an "as is" sale, the homeowner is not obligated to make any repairs or provide any further information about the property.

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