Tennessee Real Estate Exam Practice Question
The broker has a customer. The broker must disclose that the
Correct Answer: C
Rationale: Disclosure of material facts is crucial in real estate transactions to ensure transparency and protect buyers. Option C, regarding the home having a leaky roof in heavy rains, is a significant defect that affects the property's value and safety, thus necessitating disclosure.
Option A, the seller needing to move soon, is not a material fact affecting the property's condition or value. Option B, the home having a lake view, is a positive feature and does not require disclosure. Option D, the seller's personal feelings about the neighbor, is subjective and irrelevant to the property's condition or value.
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