Agency
Under Kentucky law, a material fact that a seller's agent must disclose to buyers includes:
AThe seller's motivation for selling
BKnown significant structural defects in the property✓ Correct
CThe seller's minimum acceptable price
DThe fact that the seller has had prior offers
Explanation
Known significant structural defects (such as foundation problems or roof failure) are material facts that must be disclosed to buyers. Seller motivation and minimum price are confidential client information.
Related Kentucky Agency Questions
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