medium · National Real Estate Exam
A seller's agent discovers that the property line actually runs through the middle of the neighbor's garage due to an old error. The seller tells the agent not to mention it. This is a/an:
- Minor issue that does not meet the threshold for 'materiality.'
- Instruction the agent must follow under the duty of obedience.
- Confidential matter that is only for the title company to resolve.
- Material fact that must be disclosed regardless of the seller's instruction.
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