Agency
In South Dakota, a seller's agent who discovers that the property's square footage is significantly less than what the seller represented to the agent should:
AList the property at the incorrect square footage to maintain the seller's trust
BCorrect the information and market the property with the accurate square footage✓ Correct
CDisclose the discrepancy to the seller and not continue the listing
DOnly correct the square footage if the buyer requests a measurement
Explanation
Advertising incorrect property information (such as inflated square footage) constitutes misrepresentation and can be fraud. The agent must use accurate information in all marketing materials and should disclose the correct information to potential buyers.
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