What must sellers do if a licensed contractor inspects a property and confirms it’s fine?

Prepare for the Indiana Real Estate Commission Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

The correct choice emphasizes that once a licensed contractor has inspected the property and confirmed it to be in good condition, the sellers are not held liable for any issues that may arise after the inspection. This means that they cannot be held responsible for future findings that were not apparent or disclosed during the time of the contractor's inspection.

In real estate transactions, sellers are typically required to disclose known issues with the property, but once an inspection has been conducted and no issues were reported, the sellers are released from future liabilities related to undisclosed conditions. This alleviates the seller's obligation concerning any later discoveries that were not known at the time of the sale.

The other options imply actions or responsibilities that are not accurate in this context. Conducting yearly inspections would suggest a continuous obligation that sellers do not have unless specifically stated in a contract. Ignoring the inspector's advice is contrary to responsible real estate practices, as inspections aim to identify issues that could affect the sale. Lastly, while sellers must disclose known problems, the question centers around the implications of an inspection confirming the property's good condition, which aligns with the chosen answer.

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