Arizona buyer Natalie is curious as to whether the seller has filed an insurance claim for the property in the past. Which of the following is true?

The correct answer reflects the legal requirement in Arizona regarding the disclosure of insurance claims related to residential properties. Sellers are mandated to provide a five-year history of any insurance claims made on the property. This requirement is in place to ensure potential buyers like Natalie are fully informed about any past issues that might affect the property’s value or the buyer's decision to purchase it.

By requiring this disclosure within five days of contract acceptance, it ensures that buyers have timely access to critical information that could influence their negotiations and decision-making process. It also promotes transparency and protects buyers from unforeseen problems related to previous claims. The stipulation of five years also aligns with the typical concerns buyers may have regarding significant repairs or damages that may have affected the property during that time frame.