Laws & AgencyPregunta 35 de 120
A fact that would affect a reasonable buyer's decision to purchase or the price they would pay is called a:
a.Material fact
b.Confidential fact
c.Latent puff
d.Fiduciary term
Explicación
A material fact is any information that could influence a reasonable buyer's decision or the price offered. Agents and sellers must disclose known material facts affecting value or desirability. Failure to disclose material facts is a common basis for lawsuits and DRE discipline.
Referencia Legal: CA Civil CodePractica las 120 preguntas gratis — sin registro.
Preguntas relacionadas de este tema
- An agency relationship in real estate is most commonly created by:
- A seller's agent who learns of a serious foundation defect must:
- A buyer's agent owes fiduciary duties primarily to the:
- Under California law, a death on the property that occurred more than three years before the offer generally:
- A seller of residential property located in a state-designated flood or fire zone must provide the buyer a:
- California's Megan's Law disclosure in a residential lease or purchase informs the party that:
Última revisión: · proceso editorial
Equipo Editorial de PrepPass · Verificado con California DRE Real Estate Salesperson License Exam · Cómo revisamos