medium · National Real Estate Exam
A seller tells an agent, "I know there's asbestos in the basement tiles, but just don't tell anyone unless they ask."
How does the agent's duty of disclosure interact with the seller's instruction?
- The agent only needs to disclose it if they personally find it during a walkthrough.
- The agent may follow the instruction because asbestos is only dangerous if disturbed.
- The agent should follow the instruction to avoid losing the listing.
- The agent must disclose the asbestos because it is a known latent material defect.
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