Which of the following scenarios is NOT typically considered a 'material fact' that a salesperson must disclose to a prospective buyer of a residential property?

Question: Which of the following scenarios is NOT typically considered a 'material fact' that a salesperson must disclose to a prospective buyer of a residential property?

Answer options: ✅ The property was previously owned by a notable celebrity.

• There is an active dispute with a neighbour regarding a shared fence line.
• The property has a history of flooding in the basement during heavy rain.
• A portion of the property's backyard encroaches on municipal land.

Correct answer: The property was previously owned by a notable celebrity.

Explanation: A material fact is one that would influence a reasonable person's decision to purchase or the price they would be willing to pay. While interesting, a previous celebrity owner does not typically impact the physical or legal enjoyment of the property, unlike boundary disputes, flooding, or encroachments.