What rights do homeowners have under the Virginia Residential Property Disclosure Act?

Under the Virginia Residential Property Disclosure Act, homeowners have the right to receive full disclosure of material defects in a property before purchase. This act is designed to provide transparency for potential homebuyers by requiring sellers to disclose known issues that could affect the property's value or livability. This ensures that buyers can make informed decisions based on the property's condition.

Full disclosure includes any significant defects or issues related to the property, such as structural problems, plumbing issues, or any other factors that a reasonable buyer would consider important. This right is crucial for protecting consumers and fostering trust in real estate transactions.

The other options pertain to aspects of property transactions that may not be directly covered under this specific act, such as negotiating repair costs, receiving warranties, or participating in appraisals. While these aspects are important in the overall home buying process, they are not guaranteed rights under the Virginia Residential Property Disclosure Act.