Disclosures

Question 1

Difference between an easement and an encroachment

Answer 1

Encroachment occurs when someone illegally places an object or structure on another person’s property.
Easement is deed and title history and is right for someone else to use.

Question 2

Frass

Answer 2

Carpenter ants leave behind a sawdust-like material called frass when they burrow through wood

Question 3

UFFI

Answer 3

Urea-formaldehyde foam insulation (UFFI): This insulation contains high levels of formaldehyde,
which can cause health problems, and was used prior to the mid-80s. Asthma, rashes, eye, nose,
and throat issues, and breathing issues may occur. Test kits are available

Question 4

MAAP

Answer 4

Information that must be disclosed by the licensee is anything that meets the MAAP standard: material, adverse, actually known, and related to physical condition.