Agency
In Arizona, the duty of disclosure requires an agent to tell a buyer about:
AThe seller's bottom-line price
BThe seller's motivation for selling
CKnown material defects that would affect the buyer's decision or the property's value✓ Correct
DThe agent's commission arrangement with the seller
Explanation
An agent must disclose known material facts (defects, conditions) that could affect the buyer's decision or the property's value. The agent does not have to disclose the seller's confidential information like bottom-line price or motivation.
Related Arizona Agency Questions
- The duty of 'accounting' in an agency relationship requires the agent to:
- A seller's agent in Arizona owes which of the following duties to an unrepresented buyer?
- In an Arizona in-house sale (buyer and seller both represented by the same brokerage), the broker must:
- Under Arizona law, when must agency disclosure be provided to a consumer?
- A seller's agent owes the seller all of the following duties EXCEPT:
- An agency relationship can be terminated by all of the following EXCEPT:
- Under Arizona agency law, the duty of confidentiality means an agent must NOT disclose:
- In Arizona, 'apparent authority' arises when:
Practice More Arizona Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Arizona Quiz →