Agency
In Mississippi, a seller's agent who discovers environmental contamination on the listed property has a duty to:
AKeep the information confidential to avoid reducing the sale price
BDisclose the contamination to prospective buyers as a material fact affecting value and desirability✓ Correct
COnly disclose if a buyer specifically asks about environmental issues
DReport only to MDEQ and not to buyers
Explanation
Environmental contamination is a material fact that significantly affects property value and is a health and safety concern. Regardless of the seller's wishes, an agent has a duty to disclose known material facts to prospective buyers. Concealing known contamination exposes the agent and seller to serious liability.
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