What legal obligations do sellers and real estate agents have when it comes to selling a haunted house?
The correct statement is that if Marta chooses not to disclose the haunting, Becky is still required to disclose it as a material fact. Therefore the correct option is a.
Seller's Obligations:
Sellers have a legal obligation to disclose any material facts about the property they are selling. This includes information about the property being haunted. Even if the seller, in this case Marta, believes her property is haunted but decides not to disclose this information, it is still considered a material fact that must be shared with potential buyers. Failure to disclose such information could lead to legal repercussions for the seller.
Real Estate Agent's Obligations:
Real estate agents, like Becky from My Home Real Estate, also have legal obligations when it comes to selling properties with potential issues such as being haunted. In this scenario, Becky is required to disclose the haunting as a material fact to potential buyers, even if Marta chooses not to do so. This is because real estate agents have a fiduciary duty to act in the best interest of their clients and provide all relevant information to potential buyers.
It's important to note that even if Marta decides to disclose the haunting to buyers herself, Becky is still obligated to disclose it as well as part of her duty as a real estate agent.
In conclusion, both sellers and real estate agents have legal obligations to disclose material facts about properties they are selling, including if the property is believed to be haunted. It's crucial for all parties involved to be transparent and provide accurate information to potential buyers to avoid any legal issues in the future.