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Ch 10: Property Disclosures in Real Estate

About This Chapter

There are many regulations related to real estate disclosures. These concise lessons are an excellent way to prepare for exam questions on this topic. You'll review mandatory state and federal disclosure regulations and cover the various other types of required disclosures you need to know.

Property Disclosures in Real Estate - Chapter Summary

This chapter takes the many complicated aspects of disclosures in real estate and makes them easy to remember. You'll cover federal and state disclosures, as well as those relating to environmental health hazards and contaminated property. By the end of the chapter you will be able to:

  • Describe required property disclosure documents and forms
  • Explain mandatory federal and state disclosures
  • Outline environmental risks related to real estate
  • Define restrictions placed on contaminated property
  • List required environmental disclosures

Our professional instructors have broken down the topic of disclosure into easy-to-digest lessons that clearly explain each of the areas that could be on your exam. You will be able to spend as much or as little time as you need to review the chapter, and the self-check quiz at the end of each lesson can help you know when you're ready to move on to the next.

5 Lessons in Chapter 10: Property Disclosures in Real Estate
Test your knowledge with a 30-question chapter practice test
Mandatory Federal & State Disclosures in Real Estate

1. Mandatory Federal & State Disclosures in Real Estate

This lesson will explore common mandatory disclosures required in real estate sales. The federal government and individual states set disclosure requirements. The major disclosures required involve lead paint, asbestos, wetlands, and floodplain disclosures.

Property Disclosure Documents & Forms Required in Real Estate

2. Property Disclosure Documents & Forms Required in Real Estate

A home or property is the largest purchase most people will make. Disclosures are necessary to help provide information, explain problems, or identify factors that may affect the transaction. Learn about those disclosures in this lesson.

Environmental Health Hazards & Risks in Real Estate

3. Environmental Health Hazards & Risks in Real Estate

There are many environmental hazards and risks that are very important in Real Estate. Many of these hazards have disclosure laws while some do not. Real estate buyers and/or tenants need a real estate agent that is informed enough to ensure they are buying safe property.

Contaminated Property Restrictions in Real Estate

4. Contaminated Property Restrictions in Real Estate

The EPA oversees restrictions regarding the sale of contaminated property. There are several acts under the Superfund/CERCLA to ensure that property owners and buyers are protected from environmental hazards. Through the EPA website, any buyer or real estate agent is able to review this legislation to ensure that they are informed and fully prepared to buy safe and hazard-free property for themselves and their family.

Environmental Disclosures in Real Estate

5. Environmental Disclosures in Real Estate

Although state laws vary, there are common environmental disclosures that sellers and agents must provide to buyers. In this lesson, we will look at some of these common disclosures along with how and when the buyer receives the information.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
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Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
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