Which of the following is correct statement regarding a listing licensee's duty to disclose a known environmental issue on a property?

1. if the seller did not disclose this issue, there is no liability for the licensee
2. it is always the buyer's duty to exercise due diligence, so the licensee has no particular duty
3. the licensee may be liable if she knew or should have known of any environmental issue and did not disclose
4. the licensee's duty to disclose environmental hazards or issues is limited to those he has personally observed

Which of the following advertisements would be permissible under the federal fair Housing Act?

1. Empty Nesters will love this one level patio home located in the exclusive Gable Crossings neighborhood
2. Need a pad for spring semester? Female seeking female roommate to share two bedroom apartment in downtown area
3. impeccably maintained and lovingly updated, this fantastic bungalow is walking distance to the Jewish Community Center!
4. Great bachelor pad in the middle of all the action! One bedroom condo in the heart of downtown just minutes to shopping and transportation

A licensee is the property manager for a shopping center. The shopping center owner tells the licensee to avoid Internet marketing because he distrusts the technology. The licensee discuss is this with the owner, but eventually complies. The licenses compliance is due to the duty of

1. care
2. loyalty
3. obedience
4. fair dealing

Answer rating: 100% (QA)

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