Agency
Under Georgia BRRETA, a buyer's agent must disclose to their buyer-client:
AThe seller's listing motivation
BAll material facts about the property that could affect the buyer's decision✓ Correct
CThe other offers received on the property
DThe seller's financial condition
Explanation
A buyer's agent must disclose all material adverse facts about the property to the buyer. This includes known defects, environmental issues, or other factors that could affect the buyer's purchase decision.
Related Georgia Agency Questions
- When a Georgia broker acts as a dual agent in a transaction, the broker must:
- Under the Georgia Brokerage Relationships in Real Estate Transactions Act (BRRETA), the disclosure of brokerage relationships must be made:
- A Georgia listing broker must disclose which of the following to a prospective buyer even if the seller instructs otherwise?
- Under Georgia BRRETA, a licensee acting as a transaction broker owes which duties to both parties?
- Under Georgia BRRETA, which duty does a seller's agent NOT owe to the buyer?
- A Georgia real estate agent's authority is typically limited to the authority granted in the:
- Under BRRETA, 'material facts' that must be disclosed include:
- If a buyer asks a listing agent (seller's agent) if the seller will accept a lower offer, the agent should:
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