Fair Housing, Practice, and Disclosures Practice Question
Question
A salesperson notices a possible compliance problem for the Georgia Real Estate Salesperson Exam involving seller property disclosure and Georgia Real Estate Commission. Which answer best reduces risk? (Item 58)
Answer choices
- A. The affiliated licensee may handle the matter independently without broker responsibility.
- B. Recognize disclosure of known material property conditions in a way that fits Georgia exam practice.
- C. Local custom controls even when a statute, regulation, contract, or disclosure rule applies.
- D. The requirement matters only when the buyer obtains institutional financing.
Correct Answer
B. Recognize disclosure of known material property conditions in a way that fits Georgia exam practice.
Explanation
The correct answer is B because seller property disclosure requires candidates to recognize disclosure of known material property conditions. 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: seller property disclosure