Agency
Under Pennsylvania RELRA, what is a 'buyer's agent's' obligation regarding the seller's disclosures?
AThe buyer's agent should assist the seller in completing their disclosure form
BThe buyer's agent must explain the Seller Property Disclosure Statement to their buyer client and help them understand the implications of disclosed conditions✓ Correct
CThe buyer's agent has no role regarding the seller's disclosure form
DThe buyer's agent must verify all of the seller's disclosure statements independently
Explanation
A Pennsylvania buyer's agent must assist their client in understanding the Seller Property Disclosure Statement. This includes explaining what the disclosed conditions mean, identifying conditions that warrant professional inspection, and advising the buyer on the implications of defects for the purchase price and future costs.
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