What is typically included in a seller's property disclosure?

Study for the Oregon Broker PSI Exam. Quiz with flashcards and multiple choice questions with hints and explanations. Prepare for your exam efficiently!

The seller's property disclosure is an essential document in real estate transactions. It is specifically designed to inform potential buyers about various aspects of the property being sold. The correct answer involves material facts and known issues about the property, which encompass any significant concerns or defects that could affect the property's value or livability.

This disclosure typically includes information on structural issues, pest infestations, water damage, or any legal issues such as liens. By disclosing these material facts, sellers are complying with legal obligations and also fostering transparency in the transaction process, which helps buyers make informed decisions.

The other options do not encompass the primary purpose of the disclosure. For instance, while cosmetic issues may be included, they are not the primary focus. Similarly, neighborhood conditions or future property values do not fall under what a seller is typically required to disclose about the property itself. Such information may be relevant but is not part of the standard disclosure requirements mandated for sellers.

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