Which of the following must typically be disclosed to buyers in a real estate transaction?

Prepare for the Nevada Key Realty Test with our set of flashcards and multiple choice questions. Each question comes with hints and explanations to help you succeed. Get exam-ready!

In real estate transactions, property zoning restrictions must typically be disclosed to buyers because they significantly impact how a property can be used and developed. Zoning laws determine what types of activities can occur on a particular parcel of land, such as residential, commercial, or industrial use, as well as regulations regarding building height, density, and setbacks. Buyers need to be aware of these restrictions to ensure that their intended use of the property complies with local regulations.

Understanding zoning restrictions is crucial for potential buyers, as they could affect future renovations, expansion, or even resale value. Failure to disclose this information could lead to legal repercussions or financial losses for the buyer if they find themselves unable to use the property in the manner they intended.

In contrast, while listing price, home inspection reports, and taxes owed are important aspects of a real estate transaction, the obligation to disclose these varies. The listing price is often publicly available and does not require formal disclosure from the seller. Home inspection reports, while valuable, are typically conducted at the buyer’s discretion, and the seller may not be required to provide one unless a specific agreement has been made. Taxes owed can also be verified by the buyer through public records, and while they may be discussed, they do not have the same

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