Agency
An Arizona agent learns that their seller client's property has an unpermitted addition. The agent MUST:
AConceal this information to protect the seller's negotiating position
BDisclose this material fact to prospective buyers✓ Correct
CRefuse to list the property until the permit is obtained
DOnly disclose if the buyer specifically asks about permits
Explanation
An unpermitted addition is a material fact that could affect the property's value or the buyer's decision. Arizona agents are required to disclose all known material facts regardless of which party they represent.
Related Arizona Agency Questions
- In Arizona, 'consensual dual agency' requires which of the following from both parties?
- When a salesperson working for Broker A shows a listing held by Broker A to a buyer who is a client of Broker A, this MOST likely creates:
- An Arizona agent representing a buyer discovers a material defect in a property that the seller has not disclosed. The agent must:
- Which fiduciary duty requires an agent to place the client's interests above all others, including the agent's own interests?
- Subagency in Arizona occurs when:
- When does an agency relationship in Arizona typically terminate?
- Under Arizona law, when must agency disclosure be provided to a consumer?
- In Arizona, a real estate agent who acts for both buyer and seller without disclosure of dual agency and without consent may be liable for:
Practice More Arizona Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Arizona Quiz →