What must buyers sign to acknowledge awareness of radon hazards?

Buyers must sign the "Disclosure of Information on Radon Hazards" to acknowledge awareness of the potential risks associated with radon exposure. In real estate transactions, this disclosure is a vital part of ensuring that buyers are informed about the presence of radon—the second leading cause of lung cancer—especially in areas where radon levels may be elevated. This requirement is in place to promote safety and transparency, allowing buyers to make informed decisions regarding their property purchase. By signing this document, buyers demonstrate that they have received information about radon hazards and understand the implications, thus fulfilling legal obligations that protect all parties involved in the transaction.

In contrast, a purchase agreement outlines the terms and conditions of the sale but does not specifically address radon awareness. A mortgage agreement involves financing terms rather than environmental safety considerations. A sales receipt typically pertains to a transaction confirmation and is not designed for acknowledging specific hazards related to property conditions. Therefore, only the "Disclosure of Information on Radon Hazards" serves the intended purpose of ensuring buyers are aware of potential radon risks.