Tennessee Real Estate License Exam Practice Question
A licensee representing a seller does NOT need to disclose to a prospective buyer that the
Correct Answer: B
Rationale: A licensee representing a seller must disclose material facts affecting the property's value or desirability.
Option A, roof leaks, is a significant defect that impacts the property's condition, necessitating disclosure.
Option C, sharing a well, is a critical aspect that could affect water access and usage rights, thus requiring disclosure.
Option D, the unavailability of telephone service, can influence a buyer's decision and is a relevant fact that must be disclosed.
In contrast, the seller moving out of state is generally not a material fact that affects the property itself or its value, making it unnecessary to disclose.
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