BC Real Estate Trading Services Licensing Exam Practice · Question
Scenario 15: A licensee aware of a material latent defect must:
Material latent defects must be disclosed in writing to potential buyers regardless of seller instructions. The correct answer is "Disclose it to the buyer in w
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Question: Scenario 15: A licensee aware of a material latent defect must:
Answer options: ✅ Disclose it to the buyer in writing, even if the seller refuses
- Keep the seller's confidence
- Disclose only if asked
- Add it to the listing only after closing
Correct answer: Disclose it to the buyer in writing, even if the seller refuses
Explanation: Material latent defects must be disclosed in writing to potential buyers regardless of seller instructions. The correct answer is "Disclose it to the buyer in writing, even if the seller refuses". This capacity-fill scenario 15 reinforces the same competency for the bc-real-estate bank and follows the certified explanation standard.
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Question explanations
- A developer, Grandview Developments Ltd., plans to build a new condominium project in Kelowna. They register a
- Michael, a real estate licensee, is assisting his client Jane in purchasing a commercial property at 123 Main
- A buyer, David, has entered into a Contract of Purchase and Sale for a vacant lot in Tofino. David's lawyer di
- Maria is purchasing a unit in a newly constructed strata building in Squamish. Her real estate licensee, Ken,
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