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Which of the following is NOT a required disclosure by a seller?

  1. Demographic change disclosure

  2. Environmental hazard disclosure

  3. Lead-based paint disclosure

  4. Natural hazards disclosure

The correct answer is: Demographic change disclosure

A demographic change disclosure is not a required disclosure by a seller because it is not directly related to the physical condition of the property or potential hazards. The other options - environmental hazard disclosure, lead-based paint disclosure, and natural hazards disclosure - are all required by law to be disclosed by the seller because they pertain to the safety and potential risks associated with the property. Therefore, A Demographic change disclosure is not a required disclosure by a seller.