Agency (alternative)
A Maryland seller's agent who learns their listing is likely to be in foreclosure should:
AWithhold this from buyers as private financial information
BDisclose the foreclosure risk as a material fact affecting the property and transaction✓ Correct
CRefer only to the property's physical condition
DReport the seller to MREC
Explanation
The risk of foreclosure is a material fact that can significantly affect the buyer's decision to purchase and the transaction's ability to close. Maryland agents must disclose known material facts.
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