Agency
If a Missouri buyer's agent discovers that a listing has undisclosed foundation damage, they must:
AKeep it confidential to preserve the deal
BDisclose it to the buyer✓ Correct
COnly disclose it if the buyer asks
DReport it only to MREC
Explanation
A buyer's agent in Missouri has a fiduciary duty of disclosure to their client. Material defects affecting the property's value must be disclosed to the buyer regardless of the seller's wishes.
Related Missouri Agency Questions
- In Missouri, an 'exclusive agency listing' differs from an 'exclusive right to sell listing' because:
- The fiduciary duty of 'loyalty' in Missouri agency means the agent must:
- Under the law of agency, the principal in a real estate transaction is the:
- Which of the following statements about the Missouri seller's disclosure requirement is TRUE?
- Missouri's 'buyer representation agreement' protects the buyer by:
- When a Missouri buyer's agent represents a buyer in purchasing a home that belongs to the agent's relative, the agent must:
- In Missouri, a buyer who signs a buyer representation agreement creates a(n):
- An agent in Missouri who is a transaction broker does NOT owe which duty?
Practice More Missouri Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Missouri Quiz →