Which statement about seller disclosure of radon hazards in Delaware is NOT true?

Prepare for the Delaware Real Estate Test with flashcards and multiple choice questions. Each question provides hints and explanations. Get ready for your exam!

The assertion regarding seller disclosure of radon hazards in Delaware indicates that all real property sales require radon disclosure with no exemptions, which is not accurate. In reality, certain types of transactions may be exempt from the radon disclosure requirement. This could include, for example, transfers involving a court order or foreclosure sales. Therefore, stating that there are absolutely no exemptions creates a misunderstanding of the law surrounding radon disclosures in Delaware.

The other statements accurately reflect the requirements for radon hazard disclosure. Disclosure is mandatory even in the absence of known hazards, meaning sellers have an obligation to inform buyers of potential risks regardless of their knowledge of the property's condition. Additionally, the requirement for two forms ensures that there is a standardized approach to documenting radon hazards, thus protecting both parties in the transaction. Furthermore, providing any existing testing or inspection reports is crucial for transparency and allows buyers to make informed decisions regarding the property.

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