Agency
Under Nebraska law, when an agent acting for a buyer learns that the seller recently performed undisclosed repairs to the roof, the buyer's agent should:
AKeep the information confidential to maintain good relations with the listing agent
BDisclose the information to the buyer and recommend a thorough roof inspection✓ Correct
CAccept the seller's assertion that the repairs are adequate
DOnly raise the issue after the inspection period has passed
Explanation
Prior roof repairs are a material condition that should be disclosed and investigated. The buyer's agent must share this information with the buyer and recommend professional inspection to determine if the work was done properly.
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Key Terms to Know
Buyer's Agent
A real estate licensee who represents the buyer's interests in a transaction, owing fiduciary duties to the buyer.
AgencyA legal relationship in which a licensee (agent) acts on behalf of a principal (buyer or seller) in a real estate transaction.
Dual AgencyA situation where a single real estate agent or brokerage represents both the buyer and the seller in the same transaction.
Fiduciary DutyThe highest legal duty an agent owes to a principal — requiring the agent to act in the principal's best interest above all others.
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