Indiana Real Estate Commission Statutes and Rules Practice Test 2025 - Free Practice Questions and Study Guide

When a buyer refuses to close until a sales disclosure form is provided, the appropriate response is to wait until they receive the form. In Indiana, the sales disclosure form contains crucial information about the property, including its condition and any known defects. This disclosure is intended to protect the buyer and ensure transparency in the transaction.

Opting to wait reinforces the importance of having all relevant information before finalizing a real estate deal. By obtaining the sales disclosure form, the buyer can make an informed decision regarding the purchase, thereby minimizing the risk of potential disputes or surprises after closing.

Other options, such as closing anyway and seeking disclosures later, can lead to challenges if issues arise because the buyer was uninformed about the property's condition. Cancelling the purchase might be a drastic step if the only issue is the lack of a form, and requesting a modification to the contract may not be relevant here, as the buyer simply wants the necessary information to proceed with closing. Therefore, waiting for the required disclosures aligns with best practices in real estate transactions and supports informed decision-making.