75-Hour Broker Pre-License Midpoint Exam 2025 – 400 Free Practice Questions to Pass the Exam

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What can be a consequence of nondisclosure in real estate transactions?

Enhanced property value

Legal actions against the seller

In real estate transactions, nondisclosure refers to the failure of the seller to reveal important information about the property that could affect the buyer's decision. When a seller does not disclose material facts—such as structural issues, zoning changes, or environmental hazards—the buyer may feel misled. This can lead to various legal actions against the seller, including lawsuits for fraud or misrepresentation. Buyers may seek damages to recover their losses, and the seller could be liable for any costs incurred due to the nondisclosure. This aspect underscores the importance of transparency and full disclosure in real estate dealings, as it protects both the interests of the buyer and the seller from potential disputes.

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Higher buyer interest

Lower transaction costs

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