Agency
The duty of 'disclosure' in Louisiana agency requires the agent to:
AShare all client confidences with other agents
BInform the client of all material facts that could affect the transaction✓ Correct
CPublish all offers received in the MLS
DDisclose only defects that were discovered during a home inspection
Explanation
The duty of disclosure requires the agent to timely inform the client of all material facts that could affect the transaction or the client's decisions — including market conditions, competing offers, and known property conditions.
Related Louisiana Agency Questions
- A Louisiana seller's agent receives an offer that includes a financing contingency. The agent should inform the seller that:
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