Environmental
In New Jersey, a real estate agent who knows a property is near a former Superfund site should:
AKeep it confidential to protect the sale
BDisclose the proximity as a material fact that could affect the property's value and desirability✓ Correct
COnly disclose if the contamination has migrated onto the subject property
DRefer the buyer only to the NJDEP website without comment
Explanation
Proximity to a Superfund or contaminated site is a material fact that could significantly affect a buyer's decision. NJ real estate agents must disclose known material facts. Concealing this information could constitute misrepresentation and violate NJ license law.
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