Question 1 & Explain Answer Please

Broker Barbara is listing a house she had previously sold to the current owners. She is aware there used to be a water problem in the basement and notices the sellers have not mentioned this on the sellers disclosure form. She mentions this to the homeowners and they tell her they do not wish to mention that as it may deter a buyer. What should she do?

A - She should proceed with the listing and not be concerned as it was a prior defect and of consequence today, B - She should take the listing and tell any potential buyer about the previous defect the seller chooses lo conceal. C - She should advise the sellers they need to fill out the form honestly and if they refuse, she should refuse the listing. D - She should take the listing and need not volunteer the information about the prior problem, but must disclose it to any potential purchaser who asks about water issues.

Question 2

Five months ago, an agent listed a property which is still unsold. The agent continues marketing the property by hosting an open house every Sunday. A neighbor enters the Sunday showing and inquires why the property has been on the market for so long, and asks what has motivated the homeowner to sell? The listing agent knows the property is stigmatized and rumored to be haunted.

What is the most proper step for the agent to take concerning disclosure?

A - The agent should disclose because of the duty to report material facts. B - The agent has a duty to seller and should not disclose unless given permission. C - The agent has a duty to disclose information to neighbor and sell the property. D - the agent should disclose information if it does not affect negotiating a sale or the list price.