Regarding disclosures of known defects of title or property

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Roger is a broker who listed a home for sale owned by Kim and Mike. After a sales contract is executed Kim and Mike learn of property listed by Roger which they want to buy. Roger believes an intermediary agreement would be the best way to proceed in this situation.

What should Roger do regarding disclosures of known defects of title or the property?

Roger is considering appointing licensees to assist the parties to the intermediary representation. What advantages will the buyers receive if he does so? What advantages will the seller receive?

Reference no: EM131284096

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