Agency
Under Virginia law, a real estate agent's duty to disclose material facts extends to:
AOnly facts the agent personally observed
BAll facts the agent knows or reasonably should know that would affect the value or desirability of the property✓ Correct
COnly facts specifically listed on the VREB disclosure form
DOnly structural defects verified by a licensed inspector
Explanation
Virginia agents must disclose all known material adverse facts. The duty extends to facts the agent knows or reasonably should know, including facts discovered through due diligence in the course of the agency relationship.
Related Virginia Agency Questions
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