Question 21

Saskia is NOT required to complete a Transfer Disclosure Statement.

In the context of selling a home to a family member, specifically a son, Saskia is not mandated to provide a Transfer Disclosure Statement as per California real estate laws.

A) required to complete a Transfer Disclosure Statement

This option is incorrect because, under California law, a Transfer Disclosure Statement is typically required when a seller is selling a property to a buyer who is not a close family member. Selling to her son exempts Saskia from this requirement.

B) required to complete a Transfer Disclosure Statement AND a Seller Property Questionnaire

This option is incorrect. Similar to option A, the requirement for a Transfer Disclosure Statement does not apply in this family transaction. Additionally, a Seller Property Questionnaire is not mandatory in situations involving immediate family.

C) NOT required to complete a Transfer Disclosure Statement

This option is correct as it accurately reflects the legal exemption for family transactions. When selling to a close relative, such as a son, the seller is not required to complete the Transfer Disclosure Statement.

D) required to complete an Agent Visual Inspection Disclosure

This option is incorrect. The Agent Visual Inspection Disclosure is typically required when an agent is involved in the sale of the property. Since this transaction is between family members, and assuming no agent is involved, this disclosure is not mandated.

Conclusion

Saskia is not required to complete a Transfer Disclosure Statement when selling her home to her son, Jace, as family transactions are exempt from this requirement under California law. All other options incorrectly suggest obligations that do not apply in this scenario, making option C the only accurate choice.