Agency Relationships and Disclosures Practice Question

Question

A seller is reviewing documents before accepting an offer involving death on property disclosure. Which statement is the most accurate exam answer? (Item 116)

Answer choices

1. A. It is primarily a tax rule with no effect on brokerage practice.
2. B. It removes the need for written disclosure if the licensee believes the client already knows.
3. C. It can be ignored if the transaction is expected to close quickly.
4. D. Apply California timing concepts for death-related disclosure in residential property.

Correct Answer

D. Apply California timing concepts for death-related disclosure in residential property.

Explanation

The correct answer is D because death on property disclosure requires candidates to apply California timing concepts for death-related disclosure in residential property. The other options overstate the effect of custom, oral agreement, escrow, or independent salesperson action and do not reflect safe California exam practice.

Question details

• Difficulty: medium
• Domain: Agency Relationships and Disclosures
• Objective: death on property disclosure

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