New Jersey Real Estate Practice Exam Practice Question
The broker's principal is the seller. The buyer is a customer from a different brokerage company. The broker may be guilty of misrepresentation if the broker knows, but chooses NOT to disclose, that the
Correct Answer: A
Rationale: Option A involves a significant change that directly affects the property's value and livability. If the broker is aware that a park will be converted into a highway, failing to disclose this could mislead the buyer about future noise, traffic, and overall enjoyment of the property.
Option B, while concerning, may not necessarily be a legal requirement for disclosure unless it significantly impacts the property's value or safety.
Option C is more about the seller's personal situation and does not affect the property itself, making it less relevant to misrepresentation.
Option D reflects a broader social change, which may not be immediately relevant or actionable for the buyer, thus not constituting misrepresentation.
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