Agency
A Minnesota listing agent who discovers the buyer plans to develop the property commercially should:
AKeep this information confidential from the seller
BDisclose this material information to the seller client✓ Correct
CReport the information to the Department of Commerce
DRefuse to continue representing the seller
Explanation
A listing agent's duty of disclosure requires sharing all material information with the seller client, including any information about a buyer's intended use that could affect the seller's decision.
Related Minnesota Agency Questions
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