Maine Real Estate License Practice Exam

What information is NOT mandatory in the private water supply disclosure?

1. The depth of the well

2. Location of the well, in writing

3. Signature of the seller

4. All of the above

The correct answer is: Signature of the seller

The information that is not considered mandatory in the private water supply disclosure is the signature of the seller. In real estate transactions, the private water supply disclosure is designed to inform potential buyers about the properties’ water supply, particularly if it is sourced from a private well. This disclosure typically includes critical details like the depth of the well and its location, which are essential for assessing water quality and accessibility. While the buyer’s awareness and records of the well’s condition are important, requiring the seller's signature is not mandated by law. This allows the disclosure to remain factual and informative without needing the seller's formal endorsement, which could create unnecessary obstacles during the transaction process. The focus of the disclosure is to provide transparent information about the water supply to potential buyers, ensuring they are fully informed without placing additional burdens on the seller.