As a limited service agent, what must Keira disclose when asked about the property?

Study for the Virginia State Real Estate Salesperson Exam. Practice with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam with comprehensive tools!

As a limited service agent, Keira is still bound by certain legal and ethical obligations regarding disclosure, particularly concerning material facts about the property. If she is aware of a leak in the roof, it constitutes a material defect that could significantly affect the value of the property or the buyer's decision to purchase. In Virginia, real estate agents are required to disclose known issues that could impact a buyer's interest or assessment of the property.

Thus, being aware of the leak places an obligation on her to disclose this information when asked about the property. This responsibility exists regardless of her role as a limited service agent, as all agents must adhere to standards of honesty and full disclosure about known defects. Failing to disclose this type of information could lead to legal consequences and impact the trustworthiness of her practice.

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