Question

A broker would not need to disclose which of the following facts?

A. These are asbestos wraps on the plumbing.
B. There is an underground storage tank in the backyard.
C. There are water leaks in the basement.
D. The seller has AIDS.

Answer 1

A broker is not required to disclose that D) the seller has AIDS, as it is a personal health condition irrelevant to the property's transaction. In contrast, material facts about the property must be disclosed.

Step-by-step explanation:

A broker would not need to disclose that the seller has AIDS. This falls under privacy and anti-discrimination laws which protect sellers from having to disclose personal health conditions that have no bearing on the transaction of selling the home.

Disclosing facts about the property itself, such as asbestos wraps on plumbing, an underground storage tank, or water leaks in the basement, is required as these are material facts that affect the property's value and the buyer's decision-making process.

However, the seller's health condition, such as having AIDS, is considered a personal and non-material fact, hence it does not need to be disclosed to potential buyers.