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Residential Property Condition Disclosure Exemption

Definition of term

A residential property condition disclosure exemption is a legal exemption that allows a property owner to avoid disclosing certain information about the condition of their property. This information can include defects, repairs, or other property value issues. To qualify for this exemption, the property owner must meet specific criteria. For example, if the owner has not lived in the home for the past three years, they will likely be eligible for a residential property condition disclosure exemption.

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