Is it true that a buyer agent is obligated to discover latent defects of the property?

Enhance your skills for the Maine TRELG Associate Broker exam with interactive quizzes and expert explanations. Study any time, anywhere, and assess your knowledge to excel in your exam!

The statement that a buyer agent is obligated to discover latent defects of the property is false. In real estate, latent defects refer to issues that are not easily observable or discoverable during a typical inspection or showing. While a buyer's agent has a responsibility to act in the best interests of their client and can assist in recommending inspections or due diligence, they are not legally obligated to specifically uncover latent defects.

The responsibility for identifying such defects often falls to home inspectors or specialists who can conduct thorough assessments of the property. A buyer's agent can guide their client in finding reputable inspectors and can advise the buyer on what to look out for, but the ultimate responsibility for uncovering latent defects lies with inspections conducted by qualified professionals rather than the buyer's agent. This ensures that buyers receive a comprehensive understanding of the property's condition while also adhering to the limits of the agent's role in the transaction.

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