insulation disclosure

insulation disclosure

Also called the R-value rule, a Federal Trade Commission (FTC) requirement that persons selling new houses must disclose in their sales contracts the type, thickness, and R-value of the insulation installed in the house. Failure to make the required disclosure constitutes a deceptive trade practice and subjects the party to fines by the FTC.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
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