Agency
A Virginia listing agent learns that the seller's property has an undisclosed foundation crack. The agent must:
AKeep it confidential per seller's instructions
BDisclose it to prospective buyers as a material defect✓ Correct
CReport it only if asked directly
DCancel the listing immediately
Explanation
Virginia licensees have an affirmative duty to disclose known material defects to prospective buyers regardless of the seller's instructions. Concealing material defects is grounds for disciplinary action.
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