Agency
A seller's agent who discovers a serious foundation crack that the seller has concealed should:
AKeep the information confidential at the seller's request
BDisclose the defect to prospective buyers, even against the seller's wishes✓ Correct
CReport the seller to AREC
DWithdraw from the listing without disclosing the reason
Explanation
A licensee cannot withhold known material defects from buyers, even on the seller's instructions. Disclosure of known material defects is required regardless of the seller's wishes.
Related Alabama Agency Questions
- The term 'customer' (as opposed to 'client') in Alabama real estate refers to:
- A licensee working with a buyer who has not signed a buyer representation agreement is considered to be:
- In Alabama, the duty of confidentiality requires a listing agent to:
- Which type of agency is created when a principal's actions lead a third party to reasonably believe an agency relationship exists?
- When does an agency relationship typically terminate in Alabama?
- A real estate agent who is a designated agent in a dual-agency transaction may:
- When a listing agent learns that their seller is under severe financial distress and must sell quickly, the duty of confidentiality requires:
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