Agency
A Nebraska buyer's agent who learns the seller is facing foreclosure should:
AKeep this information confidential to protect the seller
BDisclose this material fact to the buyer client if it affects the transaction✓ Correct
CUse the information to negotiate a lower price without telling the buyer
DReport the information to the Nebraska Real Estate Commission
Explanation
An agent representing the buyer has a duty to disclose material facts relevant to the transaction. A seller's financial distress (impending foreclosure) is a material fact that may affect the buyer's decision.
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