Free Pennsylvania Real Estate Practice Exam Practice Question
A licensee representing the seller tells a prospective buyer that a home is insulated with asbestos. The licensee is:
Correct Answer: C
Rationale: When a licensee informs a prospective buyer that a home is insulated with asbestos, they are fulfilling their duty to disclose material facts, which is essential for informed decision-making. This transparency is in line with ethical real estate practices and legal obligations.
Option A is incorrect because disclosing known hazards is a legal requirement, not an overreach. Option B misinterprets the licensee's responsibility; they are not being disloyal but rather acting in the best interest of all parties by providing crucial information. Option D is also wrong, as ethical standards in real estate mandate such disclosures to protect buyers and ensure safety.
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