Fair Housing, Practice, and Disclosures Practice Question

Question

A supervising broker is reviewing a transaction file for the Georgia Real Estate Salesperson Exam involving material facts and Georgia Real Estate Commission. Which statement is the best answer? (Item 107)

Answer choices

1. A. Escrow or closing staff automatically assume all brokerage agency and disclosure duties.
2. B. The client’s preference eliminates the need to disclose known material facts.
3. C. Disclose known facts affecting value, desirability, or party decision-making in a way that fits Georgia exam practice.
4. D. The party who complains first automatically receives the remedy requested.

Correct Answer

C. Disclose known facts affecting value, desirability, or party decision-making in a way that fits Georgia exam practice.

Explanation

The correct answer is C because material facts requires candidates to disclose known facts affecting value, desirability, or party decision-making. The Georgia reference keeps the scenario tied to state licensing practice, while the other options rely on unsafe assumptions about oral custom, escrow, client preference, independent licensee authority, or ignoring written duties.

Question details

• Difficulty: medium
• Domain: Fair Housing, Practice, and Disclosures
• Objective: material facts

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