Agency
What is a Nevada seller's agent required to disclose to a buyer about a property?
AOnly what the seller has authorized the agent to disclose
BAll known material facts that affect the property's value or desirability — even if the seller would prefer the agent not disclose them✓ Correct
COnly items visible from the street during daylight
DNothing — the seller's agent represents only the seller
Explanation
Under NRS 645 and Nevada case law, a seller's agent must disclose all known material facts to buyers, even over the seller's objection. While the seller's agent represents the seller, they cannot actively conceal material facts from buyers.
Related Nevada Agency Questions
- When does an agency relationship in Nevada typically terminate?
- In Nevada, what is an agent's fiduciary duty after the transaction closes?
- A Nevada licensee who represents both the buyer and seller in the same transaction without proper disclosure is guilty of:
- When a Nevada licensee acts as a buyer's agent, which duty is owed exclusively to the buyer?
- What is 'agency by estoppel' in Nevada real estate?
- What is 'agency coupled with an interest' in Nevada and why is it significant?
- What is the duty of 'confidentiality' owed by a Nevada agent to their client?
- Under Nevada law, can a real estate licensee represent themselves as a buyer without disclosing their license?
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