Who is exempt from completing a real estate condition report when transferring property with one to four dwelling units?

The correct choice is the personal representative who has never occupied the property. In real estate transactions, certain individuals are exempt from the requirement to complete a real estate condition report, which typically provides important disclosures about the property's condition. A personal representative, often appointed to conduct transactions on behalf of an estate, is exempt from this requirement specifically because they may not have personal knowledge or experience with the property's condition, particularly if they have never occupied it themselves. This exemption is designed to acknowledge that the representative is acting in a fiduciary capacity and may not have detailed information about the property.

In contrast, other options do not hold the same exemption status. For instance, a licensed real estate agent is not exempt from the requirement since they are expected to have knowledge of the property and can potentially provide disclosures based on their professional experience. Additionally, the buyer is not exempt, as they are on the receiving end of the transaction and must be informed about the condition of the property to make an informed decision. Similarly, a relative of the seller does not qualify for exemption simply based on their relationship to the seller; they would still be required to complete the report if involved in the transaction.

Understanding these distinctions is crucial as they perform different roles in real estate transactions and are subject