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Practice Of Real EstateLicense_lawEASY

Under Florida law, what constitutes 'culpable negligence' in real estate practice?

Correct Answer

B) Failure to disclose known material facts

Correct: Culpable negligence involves failure to use care that a reasonable person would use, such as not disclosing known material facts per F.S. 475.25. Why not A: Simple paperwork mistakes typically don't rise to culpable negligence. Why not C: Minor delays alone don't constitute culpable negligence. Why not D: Accidental miscalculations may be simple negligence, not culpable negligence.

Answer Options
A
Simple mistakes in paperwork completion
B
Failure to disclose known material facts
C
Minor delays in transaction processing
D
Accidental miscalculation of square footage

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Related Topics & Key Terms

Key Terms:

culpable_negligencematerial_factsdisclosure_duties
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