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Disclosure Obligations
WRA Chapter 4 Vocabulary
9
Real Estate & Planning
Not Applicable
10/14/2010

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Cards

Term
0-bedroom dwelling
Definition
Any residential dwelling in which the living area is not separate from the sleeping area.
Term
asbestos
Definition
A mineral fiber which has been used in a variety of ways within the home, but generally as and insulator around plumbing. Asbestos can be friable or non-friable, and may be hazardous to health.
Term
lead-based paint hazard
Definition
Any condition that causes exposure from lead-contaminated dust, soil or paint that is deteriorated or present on accessible, friction, or impact surfaces that whould result in adverse human health effects.
Term
misrepresentation
Definition
Any statement of fact by one person to another, either by words or actions, which is not in accordance with the actural facts.
Term
mold
Definition
Any of various fungous growths often causing disintegration of organic matter.
Term
radon gas
Definition
An odorless radioactive gas which may enter a home through cracks in the foundation or drains in the floor.
Term
real estate condition report
Definition
A report used by the seller to disclose to the buyer any known adverse facts.
Term
target housing
Definition
Housing built or of having a construction permit prior to january 1 1978 requires a lead based paint addendum included with the offer to purchase.
Term
underground storage tank
Definition
Tanks used in the storage of fuel or heating oil for noncommercial purposes or consumptive use.
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