Agency
In Washington, a broker who has been representing a buyer finds out during negotiations that the seller has made a material misrepresentation on Form 17. The broker should:
AKeep the information confidential to benefit the buyer's negotiation
BAdvise the buyer of the misrepresentation so they can make informed decisions, and potentially disclose it to the seller's broker✓ Correct
CSay nothing because Form 17 is the seller's responsibility
DReport only to the DOL
Explanation
While the buyer's agent's primary obligation is to the buyer, they should advise their client of the misrepresentation. The duty to disclose adverse material facts applies to all parties in the transaction, and the buyer's agent should ensure the buyer has full information to make informed decisions.
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