Agency
In North Dakota, a buyer's agent who discovers during negotiations that the seller may be facing foreclosure has a duty to:
AKeep this information strictly confidential since it was not disclosed by the seller
BDisclose this information to the buyer-client as it is material to the transaction✓ Correct
CReport this to the NDREC
DWithdraw from the transaction immediately
Explanation
A buyer's agent owes the duty of disclosure of all material information to the buyer-client. A seller's potential foreclosure is material to the buyer's decision-making and must be disclosed.
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