Agency
A Connecticut buyer's agent discovers that the property the buyer wants to purchase has an unpermitted addition. The agent must:
AKeep the information confidential to help close the deal
BDisclose the unpermitted addition to the buyer as a material fact✓ Correct
CReport the violation to the town building department
DAdvise the seller to obtain retroactive permits before listing
Explanation
An unpermitted addition is a material fact that could affect the property's value, insurability, and safety. A buyer's agent has a duty to disclose all material facts known to them that could affect the buyer's decision.
Related Connecticut Agency Questions
- A Connecticut buyer's agent negotiates a home inspection repair credit of $8,000 on a $480,000 purchase. The buyer wanted $12,000 in credits. The agent told the buyer: 'This is the best we can do—the seller won't budge.' The buyer later finds out the seller was willing to offer $10,000. The agent may have breached their duty of:
- What is meant by 'informed consent' in a Connecticut dual agency agreement?
- A Connecticut listing agent who learns from the seller that the basement floods during heavy rains must:
- A Connecticut buyer's agent learns that their buyer client plans to demolish a historic structure on the property. The agent should:
- Which duty does a Connecticut buyer's agent owe ONLY to the buyer and NOT to the seller?
- A Connecticut listing agent knows the property is in a flood zone. The seller does not mention this on the property disclosure. The listing agent must:
- Which of the following is an example of an agent's duty of accounting?
- A Connecticut buyer's agent discovers that a house the buyer is interested in has received multiple offers. The agent's duty is to:
Practice More Connecticut Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Connecticut Quiz →