Agency
The Wyoming Real Estate License Act defines 'material fact' as information that:
AThe agent finds personally interesting
BWould likely affect the value, desirability, or decision of a party to the transaction✓ Correct
CMust be printed on the listing sheet
DIs required to be disclosed only in commercial transactions
Explanation
A material fact is information that would be significant to a reasonable person in making a decision about the property, affecting its value, desirability, or the party's decision to proceed with the transaction.
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