Which seller must be reminded to complete the Residential Property Disclosure/Disclaimer Statement?

The correct choice is Mikey, who is selling a converted multifamily property, because individuals involved in the sale of residential real estate are typically required to complete the Residential Property Disclosure/Disclaimer Statement. This requirement is particularly pertinent for sellers of properties meant for residential use, including multifamily homes that have undergone conversion.

In Maryland, the intent behind the disclosure statement is to inform potential buyers about any known defects or issues related to the property. Hence, residential property owners, including those who have converted multifamily units, must provide this disclosure to ensure transparency and protect buyers.

For the other scenarios presented: Bryce, the executor selling his mother's house, may be subject to certain exemptions from completing this statement, given his role as an executor rather than an owner directly involved in the property's history. Tessa, who represents a lender selling foreclosed property, is generally exempt from this requirement as the lender typically does not have firsthand knowledge of the property's condition. Lastly, Erica, selling her five-unit apartment building, while it is indeed residential, may also be subject to different regulations pertaining specifically to commercial versus residential sales, which could exempt her from the typical requirements.

Understanding these distinctions helps grasp the scope and intent of the Residential Property Disclosure/Disclaimer Statement within Maryland real