Alberta Real Estate Licensing Exam Practice · Question
What is meant by 'stigma' in real estate, and does a real estate professional have to disclose it?
Stigma refers to non-physical issues like a death on the property. Professionals are generally not required to disclose these unless they constitute a material
Start free practice for Alberta Real Estate Licensing Exam Practice
400 questions · no signup required · 40 free questions per day
Question: What is meant by 'stigma' in real estate, and does a real estate professional have to disclose it?
Answer options:
- Physical damage to the property; always disclose
- Nearby undesirable amenities; always disclose ✅ Non-physical, psychological impact of a property's history; generally not required to disclose unless it's a material latent defect
- An outdated design; never disclose
Correct answer: Non-physical, psychological impact of a property's history; generally not required to disclose unless it's a material latent defect
Explanation: Stigma refers to non-physical issues like a death on the property. Professionals are generally not required to disclose these unless they constitute a material latent defect, which is rare for stigma.
Start free practice for Alberta Real Estate Licensing Exam Practice
400 questions · no signup required · 40 free questions per day
More about Alberta Real Estate Licensing Exam Practice
Related Questions
- A buyer is purchasing a property for $550,000. They have secured a mortgage for $440,000. What is the Loan-to-
- Commission in Alberta is:
- A real estate associate, Sarah, is representing a buyer. While showing a property, the buyer expresses a stron
- An associate prepares a listing agreement for a seller. Which of the following is NOT typically required to be
- A brokerage receives a certified cheque for a $15,000 deposit on a residential property. Within how many busin
- A real estate associate, Maria, wants to purchase a property that her brokerage has listed. What is Maria's pr
More for Alberta Real Estate Licensing Exam Practice candidates
Study guides
FAQs
Question explanations
- A buyer is purchasing a property for $550,000. They have secured a mortgage for $440,000. What is the Loan-to-
- Commission in Alberta is:
- A real estate associate, Sarah, is representing a buyer. While showing a property, the buyer expresses a stron
- An associate prepares a listing agreement for a seller. Which of the following is NOT typically required to be
Ready to practice?
Free, no signup required. Build a wrong-question list as you go.
Start Free Alberta Real Estate Licensing Exam Practice Practice →Related courses
Other Canadian certifications candidates often prepare for alongside this one.