What disclosure obligations may apply to a Home Owner Builder?

• A. Disclosures of marketing materials only.
• B. Disclosures of tax status of subcontractors only.
• C. Known defects, code compliance statements, and potential hazards; some jurisdictions require disclosures to future buyers.
• D. Disclosures are not required in any jurisdiction.

Answer: (D)

Disclosures when a home is transferred built by the owner typically include known defects, statements about code compliance, and any hazards that could affect safety or future use. These kinds of disclosures are aimed at preventing misrepresentation and are required in many jurisdictions, though the exact requirements vary by location. Marketing materials or the tax status of subcontractors don’t capture these real-estate duties, and saying no disclosures are required in any jurisdiction isn’t accurate because several places do impose them for future buyers.