Agency
Under Nevada law, what is the 'duty of disclosure' owed by a buyer's agent to their buyer client?
AOnly disclosing the listing price and days on market
BDisclosing all material facts known to the agent that could affect the buyer's decision, including information about the property, the seller's situation (if known), and any conflicts of interest the agent has✓ Correct
CDisclosing only defects visible during the property tour
DDisclosing information only if the buyer specifically asks
Explanation
A buyer's agent in Nevada owes the buyer full disclosure of all material facts — both about the property (e.g., known defects, flooding history) and about the transaction (e.g., multiple offers, seller's urgency). The agent must also disclose any personal conflicts of interest. This duty goes beyond property condition — it includes anything that would reasonably affect the buyer's decision to purchase or the price they would pay.
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