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Az Agency DisclosuresBuyer_agent_azMEDIUM

At a brokerage meeting in Yuma, Which statement about showing property and disclosure is correct in Arizona?

Correct Answer

A) the buyer's agent should not conceal a known material condition from the buyer and should communicate material concerns candidly

Under A.A.C. R4-28-1101; Arizona disclosure practice, the buyer's agent should not conceal a known material condition from the buyer and should communicate material concerns candidly.

Answer Options
A
the buyer's agent should not conceal a known material condition from the buyer and should communicate material concerns candidly
B
water intrusion concerns can be hidden until title is transferred
C
showing agents have no disclosure-related responsibilities to their own buyers
D
the buyer's agent should tell the buyer only if an engineer is present

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Related Topics & Key Terms

Key Terms:

arizona_specificbuyer_agentmaterial_concernbuyer_agent_azaz_agency_and_disclosures

Related Concepts

A non-agency relationship where the broker facilitates a real estate transaction without representing either party, owing limited duties of honesty, fairness, and competence to both.

The legal principle that holds a broker responsible for the actions of their agents and employees performed within the scope of the agency relationship.

An agency relationship created when a principal's actions or words lead a third party to reasonably believe that an agent has authority, and the principal fails to correct this belief.

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