Alberta Real Estate Licensing Exam Practice · Question
A buyer's real estate professional discovers that a property their client is interested in has an undisclosed easement. What is their ethical and legal obligation?
A buyer's professional has a fiduciary duty to disclose all material facts that could affect their client's decision, including undisclosed easements.
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Question: A buyer's real estate professional discovers that a property their client is interested in has an undisclosed easement. What is their ethical and legal obligation?
Answer options:
- To advise their client to ignore it if it doesn't affect their plans ✅ To disclose this information immediately to their client
- To confirm the easement's details with the seller's professional first
- To wait until the client expresses concern about easements
Correct answer: To disclose this information immediately to their client
Explanation: A buyer's professional has a fiduciary duty to disclose all material facts that could affect their client's decision, including undisclosed easements.
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