Question: associate lists and sells a 1 0 - acre parcel with a cloud on the title. The sales associate does not inform the purchaser of

associate lists and sells a

10 -

acre parcel with a cloud on the title. The sales associate does not inform the purchaser of the defect, because the sales associate hopes e cleared before closing. In considering the actions of the sales associate, which is a CORRECT statement?

It is deemed fraudulent and dishonest dealing by trick or scheme.

It is legal, only if the sales associate can clear title before closing.

Advising the purchaser of the title problems is not required because this is the seller's concern.

The contract allows for clearing of titles and, thus, will be taken care of by attorneys for the principal.

associate lists and sells a 10-acre parcel with a cloud on

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