Tennessee Real Estate License Exam Practice Question
The broker has a single agency relationship with the seller. The broker will show the property to a buyer who is a customer. The broker must disclose that the
Correct Answer: C
Rationale: In a single agency relationship, the broker represents the seller's interests and must disclose material facts that could affect a buyer's decision. Option C, regarding the leaky roof, is critical information that could pose significant issues for the buyer, making it a material defect that must be disclosed.
Option A, about the seller needing to move soon, is not a material fact affecting the property's condition or value. Option B, the lake view, is a positive feature that does not require disclosure as it enhances the property's appeal. Option D, concerning the seller's personal feelings about the neighbor, is irrelevant to the property's condition and does not need to be disclosed.
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