Agency
In South Dakota, a seller's agent must disclose which of the following to a prospective buyer?
AThe seller's minimum acceptable price
BA known foundation crack that affects the structural integrity of the home✓ Correct
CThat the seller has already received another offer
DThe seller's financial circumstances forcing the sale
Explanation
A seller's agent must disclose known material defects affecting the property's value or habitability to prospective buyers, even though the agent represents the seller. A structural foundation crack is a material defect requiring disclosure. The seller's financial situation and minimum price are confidential.
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