A seller tells the listing agent that her home was treated for termites 10 years ago. Before listing the property, the agent should?

Study for the Pennsylvania Real Estate Salesperson Exam. Utilize flashcards and tackle multiple choice questions, each with hints and explanations. Prepare effectively for your certification!

When a seller shares information about a past termite treatment, the listing agent is obligated to ensure that this information is disclosed to potential buyers. This is crucial because even though the treatment occurred a decade ago, it still impacts the property's condition and buyer's perception. Real estate transactions often require transparency regarding any issues that could affect the value or safety of the home.

Disclosing past termite treatments complies with the principle of full disclosure, which helps protect both the seller and the agent from legal repercussions that could arise from withholding pertinent information. It also demonstrates ethical practices within the real estate profession, fostering trust between the parties involved. By informing the seller to disclose the termite treatment, the agent is acting responsibly by providing potential buyers with information that may influence their decision-making process regarding the purchase of the property.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy