Question

What activities must be performed by real estate professionals with representing a seller with a secondary suite?

a. Disclose the suite, provide accurate information, recommend legal consultation
b. Hide the suite, mislead buyers, avoid legal implications
c. Promote the suite, downplay legal concerns, expedite the sale
d. Ignore the suite, focus on other features, deny knowledge

Answer 1

Real estate professionals must disclose the secondary suite, provide accurate information, and recommend legal consultation when representing a seller with a secondary suite.

Step-by-step explanation:

When representing a seller with a secondary suite as a real estate professional, the following activities must be performed:

1. Disclose the suite: It is essential to inform potential buyers about the existence of a secondary suite on the property. This includes providing accurate information about its features and any legal obligations associated with it.
2. Provide accurate information: A seller's agent should provide buyers with precise details about the secondary suite, such as its size, number of bedrooms, amenities, and rental income potential. This ensures transparency and helps buyers make informed decisions.
3. Recommend legal consultation: Sellers and buyers should consult legal professionals to understand the legal implications of owning or purchasing a property with a secondary suite. Real estate professionals should advise sellers to recommend legal guidance to buyers.