Laws & Agency第 20 / 120 题

The California Transfer Disclosure Statement (TDS) is generally required in the sale of:

a.All commercial buildings
b.Vacant industrial land
c.One-to-four residential units
d.Newly constructed high-rises only

解析

The TDS is mandated for transfers of residential property of one to four units, requiring the seller to disclose known material facts about the property's condition. Certain transfers, such as those between spouses or by court order, are exempt. The buyer receives a statutory right to cancel for a period after late delivery.

法律依据: CA Civil Code

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