Agency
A NH seller's agent who knows the property is in a flood zone but doesn't mention it to prospective buyers is committing:
AAcceptable omission
BMaterial omission — failure to disclose a known material fact✓ Correct
COnly a violation if the property is in an SFHA
DNo violation since the buyer can look it up online
Explanation
Flood zone status is a material fact that affects property value, insurance requirements, and development potential. A seller's agent who knows the property is in a flood zone must disclose it.
Related New Hampshire Agency Questions
- In New Hampshire, an agent may represent a buyer as a customer (non-client) rather than a client. As a customer, the buyer receives:
- A NH buyer's agent who receives a referral fee from a home inspector for recommending the inspector to clients must:
- A NH listing agent who obtains a listing at an unrealistically high price to 'buy' the listing has engaged in:
- A NH agent who is also a licensed mortgage broker should disclose this dual role to a buyer client because:
- A NH licensee who receives a referral fee from an out-of-state broker for referring a NH client must:
- Which of the following is NOT a fiduciary duty owed by an agent to their client?
- In New Hampshire, which form is required to disclose agency relationships to buyers and sellers?
- Which statement best describes a sub-agent in New Hampshire?
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 →