In Vermont, a seller's agent knows a serious property defect or limitation. Which statement is correct?
Correct Answer
A) The licensee must fully and promptly disclose known material facts to a prospective buyer
Vermont rules require seller-side licensees to disclose all known material facts concerning the property. Source basis: Vermont Real Estate Commission Administrative Rules, OPR publication, checked 2026-04-30
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Related Concepts
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A stigmatized property is one that has an undesirable reputation due to events that occurred on the property or nearby, such as a murder, suicide, alleged haunting, or proximity to a registered sex offender. The stigma is psychological, not physical.
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