Agency
A Tennessee licensee's duty to 'disclose' requires disclosure of:
AAll personal opinions about the neighborhood
BAll material information the agent knows that may affect the client's decision✓ Correct
CAll information about competing buyers and their offers
DThe licensee's personal real estate investment portfolio
Explanation
The fiduciary duty of disclosure requires an agent to share all material information known to the agent that could affect the client's real estate decisions. This includes property conditions, market information, and any conflicts of interest.
Related Tennessee Agency Questions
- In Tennessee, an agent who acts beyond the scope of authority granted in the agency agreement is acting as a(n):
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- A seller's agent in Tennessee MUST disclose to a buyer:
- In Tennessee, an affiliated licensee who acts as a dual agent without written consent from both parties faces:
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