Agency
A Louisiana buyer's agent who discovers that a property has a latent (hidden) defect not disclosed by the seller must:
AKeep the information confidential from the buyer to maintain the transaction
BDisclose the known defect to the buyer✓ Correct
CReport the defect to the LREC before disclosing to the buyer
DOnly disclose if the defect would cost more than $5,000 to repair
Explanation
A buyer's agent in Louisiana must disclose known material defects to their buyer client. Concealing a known latent defect is a breach of the agent's fiduciary duty to the buyer and a violation of Louisiana License Law.
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