Agency
A Connecticut seller's agent discovers during a listing that the property has significant water damage that was painted over. The agent must:
AKeep this confidential as an agent of the seller
BDisclose this material defect to all prospective buyers✓ Correct
CAdvise the seller to fix the damage before listing
DOnly disclose if a buyer asks directly about water damage
Explanation
Agents have a duty to disclose material facts to all parties. A known concealed defect (painted-over water damage) is a material fact that must be disclosed to buyers. Concealing known defects can result in fraud liability for both the agent and the seller.
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