Wisconsin License Law
A Wisconsin licensee who is uncertain whether a particular property condition must be disclosed should apply the standard of:
AWhether the condition is visible to the naked eye
BWhether a reasonable buyer would consider the information material to their decision to purchase✓ Correct
CWhether the seller has actual knowledge of the condition
DWhether the condition affects the property's assessed value
Explanation
The materiality standard for disclosure in Wisconsin is whether a reasonable buyer would consider the information material (important) to their decision-making; if so, the licensee should recommend disclosure.
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