Fair Housing, Practice, and Disclosures Practice Question
Question
A seller is preparing to list a home for the Tennessee Affiliate Broker Exam involving environmental hazards and agency and property condition disclosure practice. Which statement is most accurate for exam purposes? (Item 44)
Answer choices
- A. The affiliated licensee may handle the matter independently without broker responsibility.
- B. Local custom controls even when a statute, regulation, contract, or disclosure rule applies.
- C. The requirement matters only when the buyer obtains institutional financing.
- D. Recognize issues such as mold, asbestos, radon, contamination, flood, or fire risk in a way that fits Tennessee exam practice.
Correct Answer
D. Recognize issues such as mold, asbestos, radon, contamination, flood, or fire risk in a way that fits Tennessee exam practice.
Explanation
The correct answer is D because environmental hazards requires candidates to recognize issues such as mold, asbestos, radon, contamination, flood, or fire risk. The Tennessee 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: hard
- Domain: Fair Housing, Practice, and Disclosures
- Objective: environmental hazards