Agency
A Florida licensee working as a transaction broker discovers that the seller has failed to disclose a major roof problem. The broker should:
AKeep it confidential to protect the seller
BDisclose the known material defect to the buyer✓ Correct
COnly disclose if the buyer specifically asks about the roof
DAdvise the seller but take no further action
Explanation
A transaction broker in Florida must disclose known facts that materially affect the value of the property — including defects. This duty to disclose known material facts applies regardless of who the broker represents.
Related Florida Agency Questions
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