Agreement of Sale pages 5 and 6

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What is the horizontal isolation distance required between the water supply suction line and the absorption area?

75 feet
50 feet
125 feet
100 feet (correct)

In what circumstances can construction of a structure to be served by sewage facilities begin?

After a sewage facilities permit is obtained
After historical preservation checks are completed
Once the seller approves
Once local municipality completes a major planning requirement (correct)

What is required before construction can begin on a lot without sewage facilities available?

Completion of a major planning requirement by the municipality (correct)
Seller's approval
Zoning board approval
Historical preservation approval

What is the purpose of the Pennsylvania Right-To-Farm Act mentioned in the text?

To prevent nuisance lawsuits against normal agricultural operations (C) Signup and view all the answers

What benefit do properties enrolled in the Clean and Green Program receive?

Preferential property tax assessment (C) Signup and view all the answers

What does the Open Space Act enable counties to do?

Enter into covenants with owners to preserve designated lands as open space (A) Signup and view all the answers

Why is it important for the Buyer and Seller to contact the County Tax Assessment Office before executing the Agreement?

To determine the property tax implications of the sale (D) Signup and view all the answers

Which program protects agricultural resources and limits nuisance lawsuits against normal agricultural operations?

Pennsylvania Right-To-Farm Act (C) Signup and view all the answers

What is required of the seller before an agreement of sale is signed?

To disclose financial implications to potential buyers (C) Signup and view all the answers

Which type of real estate transfers fall under the Real Estate Seller Disclosure Law?

Lease with an option to buy (D) Signup and view all the answers

What type of property disclosures are limited for condominiums and cooperatives?

Disclosures regarding the seller's unit(s) (A) Signup and view all the answers

What does a 'residential real estate transfer' involve according to the text?

Any transfer involving up to four residential units (B) Signup and view all the answers

What is exempt from disclosures according to the Real Estate Seller Disclosure Law?

Disclosures about the specific seller's unit(s) (C) Signup and view all the answers

What kind of real estate interests are not required to disclose common areas or facilities?

Condominium and cooperative interests (D) Signup and view all the answers

What does a change in financial status encompass according to the text?

All of the above (D) Signup and view all the answers

How does applying for an additional financial obligation impact Buyer's ability to purchase?

It decreases the ability to purchase (B) Signup and view all the answers

What does the Seller represent about the Property's water status?

Served by public water, community water, or on-site water (C) Signup and view all the answers

Which sewage disposal system option does the Seller NOT mention representation for?

Municipal Waste Treatment Center (C) Signup and view all the answers

What does Notice 1 related to the Pennsylvania Sewage Facilities Act specify?

Availability of a community sewage system (C) Signup and view all the answers

What is NOT included as a Seller representation regarding the status of Sewer?

Compost Toilet System (A) Signup and view all the answers

What does the term 'Internet of Things (IoT)' refer to in the context of the text?

Devices that can connect to the internet and form a digital ecosystem (D) Signup and view all the answers

What action does the Seller agree to take before settlement regarding data on IoT devices?

Clear all data stored on IoT devices located on the Property (A) Signup and view all the answers

What is expected of Seller's personal devices that are connected to IoT devices on the Property before settlement?

Be disconnected and cleared of relevant data (B) Signup and view all the answers

What is prohibited after settlement regarding any remaining IoT devices on the Property?

Accessing any remaining IoT devices by the Seller or their agents (D) Signup and view all the answers

What responsibility does Buyer assume following settlement regarding IoT devices on the Property?

Clear all stored data from any remaining IoT device(s) (C) Signup and view all the answers

In the context of the text, why is it important for Seller and Buyer to address data on IoT devices?

To prevent unauthorized access to personal information (B) Signup and view all the answers

In your own words, briefly explain pages 5 and 6 as if you were explaining it to a buyer. (Role Play)

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