Question

Licensee Keira is acting as a limited service agent to list the property only. Her first meeting with the client takes place at his home. He gives Keira a brief tour, highlighting all of the great things that will make the home sell, and quickly moving the conversation away from problem spots (stains on the ceiling from the leaky roof). Shortly after Keira lists the property, she gets a call from a buyer’s agent asking about stains on the ceiling and the roof’s condition. What should Keira do?

Answer 1

Answer:

Disclose the condition of the roof, as she is aware of the leak.

Explanation:

THESE ARE THE OPTIONS FOR THE QUESTION

Tell the buyer's agent she is acting as a limited service agent and to ask the seller.

Tell the buyer's agent she has no knowledge of the property's condition.

Disclose the condition of the roof, as she is aware of the leak.

Go to the property and inspect the roof more closely.

Keira been a limited service agent owes a duty to disclose fact as regards materials property that she is aware of. Since, the seller talked about the condition of the roof when they met, her failure to disclose the fact about it could make her to be guilty of misrepresentation