Which party is primarily responsible for disclosing potential issues with a property?

Prepare for the TREC Sales Agent Exam. Study with multiple choice questions and flashcards, complete with hints and detailed explanations. Get ready for your test!

The seller is primarily responsible for disclosing potential issues with a property because they have firsthand knowledge of the property's condition and any potential defects or issues. This responsibility typically stems from the seller's obligation to provide accurate and complete information about the property during the transaction process.

In most real estate transactions, the seller must disclose any known material defects, which can include structural damages, plumbing issues, or problems with appliances. This requirement is essential as it helps protect the buyer from unforeseen problems that could affect the value or safety of the property.

While the listing agent is involved in facilitating the sale and may assist in gathering relevant disclosures, the ultimate responsibility for disclosures resides with the seller. Similarly, the buyer's agent primarily represents the interests of the buyer, and the appraiser focuses on determining the property's value rather than revealing issues related to its condition. Thus, the seller's role in the disclosure process is crucial for ensuring transparency and trust in real estate transactions.

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