Agency
A NH buyer's agent discovers during a showing that the property has significant water damage hidden behind fresh paint. The agent should:
AKeep it quiet to ensure the deal closes
BPoint it out to the buyer and advise them to disclose it to the seller through the agent✓ Correct
COnly report it to the seller after the offer is submitted
DInclude it on the seller's disclosure form themselves
Explanation
The buyer's agent must inform the buyer of the observed defect. They should also advise that the concern be raised with the seller, as a known material defect likely must be disclosed.
People Also Study
Related New Hampshire Questions
- A NH buyer's agent discovers a material defect in the property that the seller has not disclosed. The agent should:Agency
- A NH real estate agent who discovers the seller has concealed a material defect (such as a hidden flooding issue) has which duty?Agency
- A buyer's agent in New Hampshire who discovers a material defect unknown to the seller must:Agency
- A New Hampshire buyer's agent who fails to inform a buyer about comparable sales prices in the area has likely violated the duty of:Agency
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.
State-Specific Concepts
Disclosure Requirements
Study This Topic
Practice More New Hampshire Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free New Hampshire Quiz →