When listing residential property on the Mississippi Gulf Coast, which of the following represents a material disclosure obligation for a listing agent?

Correct Answer

B) Known hurricane damage history, wind zone classification, and flood insurance requirements are material facts that must be disclosed

Mississippi agents have a duty to disclose all known material facts that could affect a buyer's decision. For Gulf Coast properties — an area devastated by Hurricane Katrina in 2005 — this includes known hurricane or flood damage history, wind zone classification, and the potential cost and requirement of flood insurance. While Mississippi does not have a single codified hurricane disclosure statute, agents are bound by their duty of disclosure under Mississippi real estate license law and common law to reveal material facts affecting value or desirability.