In WA, what is the agent's obligation when marketing a property that is affected by a heritage listing?
Correct Answer
D) Disclose the heritage listing as a material fact that could affect a buyer's decision
A heritage listing restricts alterations, demolition and development, so it affects both use and value. An agent who knows of it should disclose it to prospective buyers; staying silent about a known material fact can be misleading or deceptive conduct under the ACL and a breach of the agent's conduct obligations.
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