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Mandated DisclosuresEnvironmental_and_federal_disclosures_in_gaHARD

A Georgia buyer's agent independently discovers through county records that a listed property was used for commercial agriculture with regular pesticide application until 2015. The current seller, who purchased in 2020, has disclosed no knowledge of soil contamination on the seller's disclosure statement. How should the buyer's agent handle this information?

Correct Answer

B) Inform buyer clients of the documented agricultural history and recommend they obtain professional soil testing before purchasing.

Under O.C.G.A. § 43-40-25(a)(6) and (a)(26), Georgia licensees must not fail to disclose material facts actually known to them. Because the buyer's agent independently discovered the property's agricultural history through county records, this is now a fact known to the agent. A documented history of commercial pesticide use is information a reasonable buyer would consider relevant to a purchase decision. The agent's duty runs to the buyer client, and recommending professional soil testing allows the buyer to make an informed decision based on expert evaluation rather than speculation.

Answer Options
A
Rely solely on the seller's disclosure statement since the seller has no actual knowledge of contamination.
B
Inform buyer clients of the documented agricultural history and recommend they obtain professional soil testing before purchasing.
C
Withhold the information until laboratory soil testing confirms the presence of contamination on the property.
D
Advise buyer clients to withdraw from consideration because commercial agricultural properties typically have unsafe contamination levels.

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Related Topics & Key Terms

Key Terms:

agricultural_historypesticide_usesoil_contaminationmaterial_facts

Related Concepts

A material defect is a condition that significantly affects the value, desirability, or safety of a property and that would likely influence a reasonable buyer's decision to purchase or the price they would pay.

Megan's Law requires states to make information about registered sex offenders available to the public. Some states require real estate agents to inform buyers about the availability of sex offender registries.

Mold disclosure involves informing buyers about the presence of mold or conditions that are conducive to mold growth in a property. While no federal mold disclosure law exists, many states require disclosure of known mold issues.

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