Agency
In Idaho, an agent who discovers a property defect after representing to the buyer that the property is defect-free must:
AKeep it confidential to protect the transaction
BPromptly disclose the discovered defect to the buyer✓ Correct
COnly disclose it at closing
DWait until the inspection period to disclose
Explanation
An Idaho agent who discovers material defects after making a contrary representation must promptly correct the misrepresentation and disclose the defect to the buyer. Failing to correct a known misrepresentation constitutes fraud.
Related Idaho Agency Questions
- Which of the following BEST describes a subagent?
- In Idaho, what is a 'safety clause' (extender clause) in a listing agreement?
- What is the duty of 'diligence' as it applies to an Idaho real estate agent?
- What is a 'net listing' and why is it controversial under Idaho agency law?
- What is 'ministerial acts' in Idaho real estate agency?
- What is 'ostensible agency' (apparent agency) in Idaho real estate?
- In Idaho, what is the proper way for a buyer's agent to handle a seller who asks them to communicate directly instead of through the listing agent?
- What is 'implied agency' in Idaho real estate and how can an agent inadvertently create it?
Practice More Idaho Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Idaho Quiz →