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a broker listed a property and found a buyer, to whom he disclosed some minor defects he has noted in his own inspection of the
a broker listed a property and found a buyer, to whom he disclosed some minor defects he has noted in his own inspection of the property. on the property comdition form , the seller stated that he was not aware of anything more serious. after the sale closed, the buyer discovered serious plumbing problems and was able to rescind the sale and recover damages. what is the brokers responsibility in this situation?
a) the broker must repay the commission to the seller because the sale was rescinded
b) the broker is equally liable( with the seller) for damages because had an independent duty to discover and disclose any latent defect in the property
c) the broker is guilty of willful misprepresentation and is subject to whatever disciplinary actions hos states real estate licensing agency prescribes for such a violations
d) the broker in this situation has done nothing wrong, is not liable for the buyers damages, and is entitled to keep his commission
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