Hidden structural defects resulting from faulty construction or deterioration and known to the seller, but not readily found by inspection, are considered

This option incorrectly labels latent defects as "intangible." While latent defects are not visible, they are tangible in the sense that they physically exist in the property. Furthermore, while undisclosed defects may lead to rescinding a purchase agreement, this choice does not specifically address the seller's obligation to disclose these defects.

While the 'caveat emptor' principle suggests that buyers should perform due diligence, it does not absolve sellers from disclosing known latent defects. This choice misrepresents the legal responsibility of sellers to disclose hidden issues, regardless of the buyer's investigative efforts.

Selling a property 'as is' does not exempt sellers from disclosing known latent defects. This choice implies that sellers can avoid their responsibilities by using an 'as is' clause, which is misleading. Known defects must still be disclosed regardless of the property's sale condition.