Agency
In Tennessee, a seller's agent must disclose to the buyer all of the following EXCEPT:
AKnown material defects affecting the property's value
BThe seller's minimum acceptable price✓ Correct
CEnvironmental hazards affecting the property
DFacts about the condition of the property that affect value
Explanation
While a seller's agent must disclose known material defects and environmental hazards, they must keep the seller's confidential negotiating information — such as the seller's minimum acceptable price — confidential.
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