Question

Which of the following is true concerning a broker engaged by a tenant

A. Is considered a conflict with the landlord relationship and is not allowed under Georgia law
B. Present all offers to/from a tenant except when an existing lease is in place
C. Disclose to the tenant adverse material facts of which the broker has actual knowledge
D. Disclose to the tenant adverse material facts of which the broker has either actual or implied knowledge

Answer 1

The correct answer is D. A broker engaged by a tenant is required to disclose adverse material facts to the tenant and present all offers, except when an existing lease is in place.

Step-by-step explanation:

The correct answer is D. A broker engaged by a tenant is required to disclose to the tenant adverse material facts of which the broker has either actual or implied knowledge. Adverse material facts are any details about the property or transaction that could negatively impact the tenant's decision-making process.

For example, if the broker knows that there is a history of mold issues in the property, they must disclose this information to the tenant. This helps the tenant make an informed decision about whether or not to proceed with the lease.

A broker engaged by a tenant is also required to present all offers to and from the tenant, except when an existing lease is already in place. This ensures transparency in the transaction.