Alberta Real Estate Licensing Exam Practice · Question
A buyer's agent discovers a stigmatized property (e.g., a past crime scene). What is their obligation regarding this information?
A buyer's agent has a fiduciary duty to disclose all material facts that could influence their client's decision, even if it's a non-physical stigma.
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Question: A buyer's agent discovers a stigmatized property (e.g., a past crime scene). What is their obligation regarding this information?
Answer options: ✅ They must disclose it to their buyer client.
- They are prohibited from disclosing it due to privacy concerns.
- They only disclose if directly asked by the buyer.
- They disclose it to the seller's agent only.
Correct answer: They must disclose it to their buyer client.
Explanation: A buyer's agent has a fiduciary duty to disclose all material facts that could influence their client's decision, even if it's a non-physical stigma.
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