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Should a licensee who represents both the buyer and seller tell the buyer about material defects on the seller's property?

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Answer:

Yes, any defects known to the broker should have been disclosed to the buyer.

Step-by-step explanation:

When a liscencee represents mother the buyer and seller in a transaction it is called dual agency.

Most real estate agents work either for the buyer or the seller. Dual agents are a small category that represents both buyers and sellers.

Dual agents should be neutral and represent each party's interest equally.

If there is a material defect it is his duty to disclose this to the buyer. This fosters transparency and prevents the seller from cheating the buyer.

User Leonid Shumakov
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