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Pa Seller DisclosureSeller_disclosure_68pacs7301HARD

A Pennsylvania seller's agent discovers during a listing appointment that the seller had significant water damage repaired and professionally remediated, but the seller marks 'no' for water damage history on the disclosure. The agent discusses this with the seller, who insists the repair was complete and refuses to change the answer. What must the agent do?

Correct Answer

A) Continue to list the property and disclose the water damage history independently to prospective buyers

Under RELA, the agent has an independent duty to disclose known material facts to prospective buyers. If the seller refuses to correct the disclosure, the agent must independently disclose the water damage history. The agent may also need to consider withdrawing from the listing if the seller insists on misrepresentation.

Answer Options
A
Continue to list the property and disclose the water damage history independently to prospective buyers
B
Report the seller to SREC immediately and cancel the listing
C
Accept the seller's position because the repair was professionally completed
D
Alter the seller's disclosure form to show 'yes' without the seller's knowledge

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Related Topics & Key Terms

Key Terms:

agent_dutywater_damage_historyseller_refusalindependent_disclosure

Related Concepts

Asbestos disclosure involves informing buyers about the presence of asbestos-containing materials (ACMs) in a property. Asbestos was commonly used in construction materials before 1980 and poses health risks when fibers become airborne.

Violating fair housing laws can lead to significant penalties, including fines, civil liability, and professional discipline.

Death on property disclosure addresses whether sellers must inform buyers about deaths that occurred on the property, including natural deaths, suicides, and murders. Requirements vary significantly by state.

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