Section 43-4-40 - Liability for defect disclosed in statement

43-4-40. Liability for defect disclosed in statement.Except as provided in §43-4-42, a seller is not liable for a defect or other condition in the residential real property being transferred if the seller truthfully completes the disclosure statement. Source: SL 1993, ch 325, §4; SL 1994, ch 337, §3.