Is a license holder required to disclose information about a death at a property if it was due to a defect on that property?

A license holder is indeed required to disclose information about a death at a property if it was due to a defect on that property. This requirement is rooted in the principle of full disclosure, which is a key element in real estate transactions. When a defect is linked to a death, it may significantly impact a buyer's decision and perceived value of the property.

Disclosing such information helps ensure that potential buyers are fully informed about any risks or issues associated with the property, fostering transparency and trust in the transaction process. The obligation to disclose applies at the time of listing or selling, as it allows prospective buyers to make an educated decision based on all relevant facts.

Other choices do not align with the ethical and legal standards in real estate practice. For example, stating that disclosure is only necessary if a buyer asks does not acknowledge the proactive duty of the seller's agent to provide relevant information. Similarly, suggesting that disclosure is only necessary for recent deaths overlooks the potential long-lasting impact such information can have on a buyer's perception of the property. Lastly, indicating that it's not required misses the critical obligation to disclose issues that could affect buyer safety or property value.