Illinois Real Estate 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's primary duty is to the seller, which includes disclosing material facts that could affect the property's value or desirability.
Option C is correct because a leaky roof in heavy rains is a significant defect that directly impacts the buyer's decision and the property's condition, necessitating disclosure.
Option A is incorrect; the seller's urgency to move is not a material fact affecting the property's physical condition.
Option B, while beneficial information, is not a defect and does not require disclosure.
Option D involves personal feelings of the seller, which are irrelevant to the property's value and do not need to be disclosed.
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