Free Pennsylvania Real Estate Practice Exam Practice Question
If known, the listing broker MUST disclose which of the following to a prospective buyer?
Correct Answer: D
Rationale: Disclosing that the seller's water system is contaminated is essential for the buyer's health and safety, making it a legal requirement. This information directly impacts the property's value and livability.
Option A, regarding the seller's mortgage being assumable, is not mandatory to disclose unless it affects the transaction. Option B, about the seller's job relocation, is personal and does not influence the property's condition or value. Lastly, option C, concerning the seller's divorce, is also personal and irrelevant to the buyer's decision-making process regarding the property.
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