Agency
In New Mexico, which of the following would constitute 'material fact' requiring disclosure by a real estate agent?
AThe seller's preferred closing date
BA known roof leak that caused interior water damage✓ Correct
CThe neighbor's political affiliation
DThe previous owner's pet ownership
Explanation
A known roof leak causing water damage is a material fact—it could significantly affect the property's value and the buyer's decision. Agents and sellers are obligated to disclose known material defects.
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