Agency
In New Mexico, an agent who is asked by their seller to disclose only certain defects should:
AFollow the seller's instructions as they are the client
BRefuse to selectively disclose—all known material defects must be disclosed regardless of the seller's preferences✓ Correct
CDisclose only the defects the agent discovers independently
DDisclose nothing and let the buyer's inspector find any defects
Explanation
An agent cannot selectively disclose—hiding known material defects exposes both the agent and seller to fraud liability. The agent must ensure all known material facts are disclosed, even if the seller objects.
Related New Mexico Agency Questions
- In a dual agency situation in New Mexico, the broker must:
- Under New Mexico law, an agent must disclose material facts about a property to:
- In New Mexico, what is the purpose of the Broker Disclosure Form?
- A New Mexico listing broker receives an offer below the asking price. The broker must:
- An 'open listing' in New Mexico allows the seller to:
- A seller's agent in New Mexico has a fiduciary duty to:
- A New Mexico buyer's agent who finds out the seller has received another offer should:
- A New Mexico buyer who has signed a buyer representation agreement with Broker A contacts Broker B to show them a property. Broker B should:
Practice More New Mexico Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free New Mexico Quiz →