Agency
A Virginia seller's agent learns during the listing that the property has a history of flooding not disclosed by the seller. The agent's duty is to:
ARespect the seller's confidentiality and say nothing
BDisclose the flooding history to prospective buyers as a known material adverse fact✓ Correct
CImmediately terminate the listing
DReport the seller to VREB
Explanation
Virginia agents must disclose all known material adverse facts to all parties, even if the seller does not wish to disclose them. A history of flooding is a material fact that buyers are entitled to know.
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