An Alaska buyer's agent who discovers a previously unknown structural problem during a home visit should:
Why Disclose the information to the buyer and recommend a professional inspection Is Correct
Answer B: Disclose the information to the buyer and recommend a professional inspection
Exam Tip: Agency
Agency questions are among the most tested on the exam. Focus on the difference between client and customer, and memorize the fiduciary duties (OLD CAR). Watch for questions that try to blur the line between a general agent and a special agent.
Key Agency Terms in This Question
People Also Study
Related Alaska Questions
- Under Alaska law, which action by an agent would constitute a breach of the duty of 'full disclosure' to a client?Agency
- An Alaska broker discovers that a salesperson in their office has been pocketing client security deposits. The broker's responsibility is to:Alaska License Law
- An Alaska seller fails to disclose a material defect in a property. After closing, the buyer discovers the defect and sues. The buyer's cause of action is MOST LIKELY:Contracts
- The duty of 'reasonable care and diligence' in Alaska agency law requires an agent to:Agency
- An Alaska licensee who fails to present a written counteroffer to the seller's broker within a reasonable time may be in violation of their duty of:Alaska License Law
- An Alaska agent who does not disclose their professional opinion that the buyer is overpaying for a property is:Agency
- Under Alaska agency law, when must a licensee provide the agency disclosure to a potential buyer?Agency
- An Alaska licensee who knowingly makes a material misrepresentation to a client faces:Alaska License Law
Key Terms to Know
A real estate licensee who represents the buyer's interests in a transaction, owing fiduciary duties to the buyer.
LienA financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
AgencyA legal relationship in which a licensee (agent) acts on behalf of a principal (buyer or seller) in a real estate transaction.
Dual AgencyA situation where a single real estate agent or brokerage represents both the buyer and the seller in the same transaction.
Study This Topic
Practice More Alaska Real Estate Questions
1,400+ questions covering all exam topics. Start free — no signup required.
Take the Free Alaska Quiz →