New Jersey Real Estate Exam Practice Question
A buyer's agent is NOT permitted to tell a buyer that:
Correct Answer: A
Rationale: In real estate, buyer's agents must adhere to ethical guidelines and legal standards regarding disclosure.
Option A is incorrect because it involves discussing the seller's financial situation, which could be considered a breach of confidentiality and may lead to unfair negotiation advantages.
Option B is also incorrect; agents are prohibited from disclosing information about a former occupant's health status, including AIDS, due to privacy laws.
Option C is acceptable as it pertains to the property's condition, which must be disclosed to ensure buyers are informed of potential issues.
Option D is permissible as well; agents can disclose if a property was the scene of a serious crime, as it may affect the buyer's decision.
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