Wyoming License Law
If a Wyoming licensee discovers that a seller failed to disclose a known material defect, the licensee should:
AIgnore the omission to protect the listing
BAdvise the seller to make the required disclosure and, if they refuse, consider withdrawing from the transaction✓ Correct
CDisclose the defect to the buyer independently without telling the seller
DReport the seller to the WREC immediately without further action
Explanation
If a licensee discovers an undisclosed material defect, they should first advise the seller to make the required disclosure. If the seller refuses to disclose a known material defect, the licensee may not be able to continue representing them in the transaction without violating their own duty of honesty.
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