Virginia State Real Estate Exam Practice Question
A listing agent has learned that the seller used defective drywall when finishing the basement. The listing agent must ___.
Correct Answer: B
Rationale: The obligation to disclose known defects, such as the presence of defective drywall, falls on the listing agent. By informing potential purchasers, the agent fulfills legal and ethical responsibilities, ensuring transparency and protecting buyers from potential health hazards.
Option A is incorrect as hiring a contractor is not the agent's responsibility; disclosure is paramount. Option C misunderstands the agent's duty; relying solely on the purchaser's due diligence neglects the obligation to inform them of known issues. Option D is inappropriate; while advising the seller may be beneficial, the agent's primary role is to disclose existing defects rather than dictate actions.
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