Fair Housing, Practice, and Disclosures Practice Question
Question
A supervising broker is reviewing a transaction file for the Missouri Real Estate Salesperson Exam involving seller property disclosure and broker-salesperson supervision. Which response best applies the rule? (Item 26)
Answer choices
- A. The client’s preference eliminates the need to disclose known material facts.
- B. Recognize disclosure of known material property conditions in a way that fits Missouri exam practice.
- C. The party who complains first automatically receives the remedy requested.
- D. Escrow or closing staff automatically assume all brokerage agency and disclosure duties.
Correct Answer
B. Recognize disclosure of known material property conditions in a way that fits Missouri exam practice.
Explanation
The correct answer is B because seller property disclosure requires candidates to recognize disclosure of known material property conditions. The Missouri 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