David, a buyer's agent in New York, discovers during his research that a property his client wants to purchase was the site of a suicide three years ago. The seller has not disclosed this information. What should David do under New York disclosure requirements?
Correct Answer
B) Inform his client about the death and its potential impact on property value
Under New York Real Property Law, while sellers are not required to disclose deaths on the property (unless asked directly), a buyer's agent has a fiduciary duty to share material information that could affect the buyer's decision or the property's value. The agent should inform the client and let them decide how to proceed.
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A buyer's agent in New York is representing a Hispanic client who wants to pursue a co-op apartment in a building with a history of subjective board rejections. The client expresses concern about potential discrimination. Which of the following best describes the agent's primary duty under New York law?
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