Agency Relationships and Disclosures Practice Question

Question

A salesperson is explaining a concept to a client involving death on property disclosure. Which statement is the most accurate exam answer? (Item 136)

Answer choices

1. A. It is valid only when the buyer pays cash and no lender is involved.
2. B. It prevents any later disclosure, even when new facts become known.
3. C. It applies only to commercial property and never to residential transactions.
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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