Agency
In Pennsylvania, what obligation does a buyer's agent have if they discover a material defect in a property their client is considering purchasing?
AKeep the information confidential as it was obtained through their professional access
BDisclose the material defect to their buyer client even if it was not discovered through a formal inspection✓ Correct
CReport the defect to PREC immediately
DNotify the listing agent and allow the seller to address it before informing the buyer
Explanation
A Pennsylvania buyer's agent has a fiduciary duty to disclose to their client all material information relevant to the transaction, including material defects discovered during showings or through their professional knowledge. A buyer's agent who conceals known defects to preserve a sale violates their duty of loyalty and disclosure. This duty exists even if the defect was not formally reported in the seller's disclosure statement.
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