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Az Agency DisclosuresSeller_agent_azMEDIUM

At Desert Mesa Brokers in Tempe, a seller instructs the listing agent not to mention a hidden sewage backup because the sale is 'as is.'. What should the parties assume under current Arizona rules?

Correct Answer

A) a seller's agent should follow lawful instructions but may not help conceal known material adverse facts

Under Hill v. Jones; A.A.C. R4-28-1101, a seller's agent should follow lawful instructions but may not help conceal known material adverse facts.

Answer Options
A
a seller's agent should follow lawful instructions but may not help conceal known material adverse facts
B
the listing agent must obey the seller even if that means concealing known material defects
C
a listing agent owes no duties to anyone but the seller
D
seller instructions always override Arizona law and rule

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Related Topics & Key Terms

Key Terms:

arizona_specificseller_agentlawful_instructionsseller_agent_azaz_agency_and_disclosures

Related Concepts

An arrangement where a brokerage assigns separate agents within the firm to represent the buyer and seller in the same transaction, allowing each client to have dedicated representation.

A situation where a single agent or brokerage represents both the buyer and the seller in the same real estate transaction.

An agency relationship created by a clear, explicit agreement between the principal and agent, either orally or in writing.

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