Agency
A listing agent in Alaska discovers that the seller concealed a leaking roof. The agent's duty is to:
AKeep the information confidential per the seller's instructions
BDisclose the defect to prospective buyers as a known material fact✓ Correct
CRemove the listing from the market
DAdvise the buyer to conduct their own inspection only
Explanation
Alaska licensees have a duty to disclose known material defects affecting the property regardless of the seller's instructions. Concealing known defects can expose both the agent and seller to liability.
Related Alaska Agency Questions
- In Alaska, a seller's agent who shows the property to an unrepresented buyer is interacting with that buyer as a(n):
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