New Jersey License Law
A NJ licensee's obligation to disclose material facts to all parties (not just clients) is based on the NJREC's requirement to:
ARepresent all parties equally
BDeal honestly with all parties, even those who are not the agent's client✓ Correct
CDisclose all confidential client information
DReport all transactions to the NJREC
Explanation
While fiduciary duties are owed only to the client, NJREC regulations and the Realtor Code of Ethics require licensees to deal honestly with all parties in a transaction, including disclosing known material facts to non-client parties.
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