Agency
What must a buyer's agent disclose to their client about a property?
AOnly defects visible during a walk-through
BAll known material facts that might affect the buyer's decision✓ Correct
COnly what the seller has disclosed
DNothing unless asked by the buyer
Explanation
A buyer's agent has a duty of disclosure — they must reveal all known material facts that could affect the buyer's decision, including anything discovered during due diligence.
Related California Agency Questions
- The duty of an agent to keep the principal informed of all facts relevant to the transaction is called:
- Which type of agency relationship is created when a principal approves an act already performed without prior authorization?
- What California form is commonly used to establish a formal buyer representation agreement?
- An agent who secretly purchases a listing from their own seller without disclosure has violated which fiduciary duty?
- When a listing expires, which of the following is still required of the agent?
- The duty of 'confidentiality' in a California agency relationship requires the agent to:
- In California, a listing agent who also brings the buyer and represents both parties must disclose dual agency:
- An agent who fails to disclose a known material defect to a buyer may be liable for:
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