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The term "defect," as used in the Indiana Residential Real Estate Sales Disclosure Form, means all of the following except:
A. any condition that would adversely affect the property.
B. a condition that has been repaired by licensed repairmen.
C. any condition that could impair the health of future occupants.
D. a condition that if not repaired would shorten the expected life of the property.
A property condition that has been professionally repaired is not considered to be in defect.
 
 
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Pinky
78310 Points
Educating realtors for 20 years
 
 
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Taken: 13 times
Added: 9/16/2008
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Pinky
Founded by Pinky
Indiana Specific Broker Real Estate Exam.
 
 
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