Tennessee Real Estate Exam Practice Question
Which of the following is NOT a material fact that must be disclosed to a buyer?
Correct Answer: B
Rationale: Material facts are essential details that significantly impact a buyer's decision. Roof leaks (A) and a shared well (C) both directly affect the property's condition and usability, making them crucial disclosures. The unavailability of telephone service (D) can also influence a buyer's lifestyle and satisfaction. Conversely, the seller moving out of state (B) does not inherently affect the property's value, condition, or functionality. While it may be relevant for context, it is not a material fact that impacts the buyer's decision regarding the property itself.
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