Question

Illinois licensees, performing ministerial acts, MUST disclose which kind of defects to potential buyers?

a) All defects.
b) None, unless representing the buyer.
c) Latent defects.
d) Patent defects.

Answer 1

Illinois licensees must disclose latent defects, which are not readily observable, to potential buyers when performing ministerial acts.

Step-by-step explanation:

The question deals with the types of defects that Illinois licensees must disclose to potential buyers when performing ministerial acts. In Illinois, it is required by law for sellers, and therefore their agents, to disclose certain types of defects. Specifically, licensees must disclose latent defects to potential buyers. A latent defect is a fault in the property that could not have been discovered by a reasonably thorough inspection before the sale. On the other hand, patent defects are evident and can be discovered upon inspection; these are usually apparent to the buyer without the seller having to point them out.

Therefore, the correct answer to the question is: c) Latent defects.