At a brokerage training session in Augusta, Avery is given a Georgia scenario. Example 12 is under review. The office is debating the claim that consumers should rely solely on the licensee for mold, engineering, or survey conclusions because referrals show weakness. It is comparing that claim with the rule that known material facts are not erased simply because the issue also appears in public records. The review topic is flood maps, changing conditions, historical seller knowledge, and the limits on a licensee’s interpretation of technical data. Which statement is correct?
Correct Answer
C) Known material facts are not erased simply because the issue also appears in public records.
The existence of a public record does not necessarily eliminate a known material fact from the licensee’s honesty analysis. Source: BRRETA, O.C.G.A. Title 10, Chapter 6A; O.C.G.A. § 44-1-16; current Georgia practice materials.
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