According to RPOADS disclosure, what can a buyer do if the disclosure statement is not provided?

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If a disclosure statement is not provided by the seller, the buyer has the right to terminate the contract. The Residential Property Disclosure Act (RPOADS) in North Carolina is designed to protect buyers by ensuring they receive essential information about the property they're considering. If the seller fails to provide the required disclosure statement, it can be interpreted as a lack of transparency regarding potential issues or characteristics of the property that could impact the buyer's decision.

The ability to terminate the contract is an important legal safeguard for buyers, ensuring they are not locked into a deal without having access to critical information. In this scenario, the buyer effectively has the option to walk away from the agreement, protecting their interests and allowing them to look for a property where the seller complies with disclosure requirements.

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