Fair Housing, Practice, and Disclosures Practice Question

Question

A client asks whether a fact should be disclosed for the Georgia Real Estate Salesperson Exam involving risk documentation and brokerage relationship disclosure. Which answer best reduces risk? (Item 31)

Answer choices

1. A. The party who complains first automatically receives the remedy requested.
2. B. Escrow or closing staff automatically assume all brokerage agency and disclosure duties.
3. C. Use written records and timely disclosure to reduce transaction disputes in a way that fits Georgia exam practice.
4. D. The client’s preference eliminates the need to disclose known material facts.

Correct Answer

C. Use written records and timely disclosure to reduce transaction disputes in a way that fits Georgia exam practice.

Explanation

The correct answer is C because risk documentation requires candidates to use written records and timely disclosure to reduce transaction disputes. 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: risk documentation

Practice more

Start Fair Housing, Practice, and Disclosures practice

Back to Fair Housing, Practice, and Disclosures