What must a seller disclose regarding the property condition?

The requirement for a seller to disclose any known material defects is rooted in the obligation to provide potential buyers with information that could significantly affect their decision to purchase the property. A material defect is defined as a problem that would have a substantial adverse effect on the value of the property or that would significantly impair the buyer's ability to use the property for its intended purpose.

Disclosing known material defects helps ensure transparency in real estate transactions and protects buyers from unexpected issues after the sale. By informing buyers about these defects, sellers also reduce the risk of potential legal disputes that could arise if defects are discovered post-transaction.

In contrast, the other choices do not encompass the essential aspects of disclosure required for a property transaction. For instance, disclosing only minor repairs might not provide a complete picture of the property's condition. Similarly, only providing documented issues could omit important defects that the seller is aware of but has not formally recorded. Finally, mentioning future improvements planned is not relevant to the current state of the property and does not address existing condition-related disclosures, which are critical for a buyer's informed decision-making.