medium · National Real Estate Exam Property Disclosures
A buyer's agent is aware that the seller's property was the site of a notorious crime several years ago. The buyer has not asked about this.
Under national standards, the agent should:
- Check local/state law, as 'stigmatized property' disclosure varies and may not be required if there is no physical defect.
- Refuse to answer any questions about the crime even if asked, to avoid potential lawsuits.
- Remain silent because disclosing it would violate the agent's duty to the seller.
- Disclose the information because it is a material fact about the property's history.
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