Agency
In Colorado, an agent's 'duty of disclosure' requires disclosing all material facts to:
AA. Only the party the agent represents
BB. The party the agent represents and also disclosing known material facts adversely affecting the property to the other party✓ Correct
CC. Only the other party's attorney
DD. Only the closing agent
Explanation
A Colorado broker must disclose to their client all information material to the representation. Additionally, even when representing only one party, the broker must disclose known material facts that adversely affect the property's value or desirability to the other party. This dual obligation distinguishes Colorado's disclosure requirements — the broker cannot conceal defects from buyers even when representing the seller.
Related Colorado Agency Questions
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