Agency
In an Oregon listing, the seller discloses to the listing agent that the foundation cracked due to an earthquake 5 years ago but was repaired. The agent's duty is to:
ADisclose the prior foundation crack and repair to prospective buyers as a known material fact✓ Correct
BKeep the prior crack confidential since it was repaired and no longer a defect
CDisclose only if the buyer specifically asks about foundation problems
DInclude the repair details in the MLS only if the seller approves
Explanation
A prior foundation crack, even if repaired, is a material fact that could affect a buyer's decision — it may indicate ongoing structural vulnerability. Oregon's material fact disclosure requirement obligates the broker to disclose known material facts about the property, including prior significant repairs.
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