medium · National Real Estate Exam
Under the concept of 'notice,' how does a court view a material fact that an agent *should* have known through reasonable care and diligence, but did not actually discover?
- The knowledge may be imputed to the principal as if the agent had discovered it, due to the agent's duty of reasonable care.
- The court will only impute knowledge if the agent is a broker-in-charge rather than a salesperson.
- The principal is excused from liability because the agent’s negligence is considered a separate personal matter.
- Knowledge is only imputed if the agent has actual, subjective awareness of the fact.
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