Agency
In Hawaii, an agent's duty to 'disclose' material facts is owed to:
AA. Only their client (the party who hired them)
BB. Both their client and the other party in the transaction for known material defects✓ Correct
CC. Only the Real Estate Commission upon request
DD. Only the lender financing the transaction
Explanation
Agents must disclose known material defects to all parties (including the opposing party), even if they represent only one side. Agents cannot hide known defects from buyers.
Related Hawaii Agency Questions
- In Hawaii, a buyer's agent owes which fiduciary duty specifically requiring the agent to share all known material facts about the property?
- A Hawaii real estate agent who fails to disclose a known material defect in a property they are listing may be liable for:
- Under Hawaii agency law, which duty requires a licensee to place the client's interests above all others, including the licensee's own?
- In Hawaii, when a buyer's agent presents an offer, the agent must disclose to the buyer any known material facts about the property. This is an example of the duty of:
- In Hawaii, what is the 'presumption of buyer agency' that has emerged in many markets?
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