PSI Virginia Real Estate Practice Exam

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What environmental hazards require disclosure?

Changes in local zoning
Naturally occurring problems like radon
Market appraisal values
Recent renovations

The correct answer is: Naturally occurring problems like radon

The reason for requiring disclosure of naturally occurring problems like radon relates to the potential health risks associated with these environmental hazards. Radon is a colorless, odorless gas that can seep into homes from the ground and is known to be a carcinogen; prolonged exposure can lead to lung cancer. Because of its serious health implications and the fact that homeowners may not be aware of its presence, real estate laws mandate that sellers disclose radon levels to potential buyers. In contrast, changes in local zoning, while potentially significant, do not generally pose an immediate health risk, and market appraisal values are not a hazard but rather a reflection of market conditions. Recent renovations may affect the desirability or value of a property but are not classified as environmental hazards in the same sense as radon. Therefore, the legal requirement to disclose radon and similar naturally occurring problems is anchored in the need to protect public health and ensure transparency in real estate transactions.