Under what condition is a sellers disclosure form not required by a builder?

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A seller's disclosure form is not required by a builder when the builder offers a home warranty. This is because the home warranty serves as a safeguard for the buyer, addressing concerns typically covered by a disclosure form. A warranty provides assurance on the condition of the home and outlines what repairs or issues are covered post-purchase; therefore, the need for an additional disclosure diminishes.

In real estate transactions, the purpose of a seller’s disclosure is to inform potential buyers of any known issues with the property. By providing a home warranty, the builder effectively communicates that any significant problems with the home's systems or structure will be handled under the warranty terms, mitigating the risk for the buyer.

The other options do not inherently provide a valid reason for circumventing the requirement for a seller’s disclosure. Selling below market value or to an investor does not substitute the need to disclose defects, and a builder's desire not to disclose information does not exempt them from legal requirements regarding transparency in property transactions.

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