New Mexico License Law
In New Mexico, a real estate licensee's obligation to disclose material facts extends to which type of property condition?
AOnly physical defects
BPhysical defects, environmental hazards, and other conditions that materially affect the property's value or desirability✓ Correct
COnly structural issues
DOnly issues discovered during the inspection period
Explanation
The disclosure duty covers all known material conditions—physical defects, environmental hazards, neighborhood issues, and anything else that could significantly affect value or the buyer's decision to purchase.
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