medium · National Real Estate Exam disclosures
An agent knows that a property was the site of a notorious crime, making it a 'stigmatized property.'
Under most national standards, what is the agent's duty regarding this information?
- The agent is affirmatively prohibited from disclosing the crime to buyers under federal fair housing law.
- The agent must disclose the crime only if the buyer happens to be represented by a separate cooperating brokerage firm.
- The agent must disclose the crime to every potential buyer to fulfill the fiduciary duty of loyalty owed to the seller.
- The agent is generally not required to disclose psychological stigmas unless state law specifically mandates it.
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