medium · National Real Estate Exam agency
An agent is representing a developer who is purchasing several adjacent lots for a new project. The agent discovers that one of the lots has a significant underground storage tank leak that will cost $50,000 to remediate. The agent, worried the developer will back out and cost him a large commission, does not mention the leak. This is a breach of the duty of:
- Accounting
- Confidentiality
- Loyalty
- Obedience
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