Seller Williams would like to find out some information about potential buyers from Broker Johnson. Which of the following is Broker Johnson not required to reveal about his potential buyers:
- their reason for wanting to buy the house
- their financial situation
- their employment status
- their religion
A buyer’s religion, color, race, and sex/sexual orientation are not considered to be material facts and shouldn’t be revealed even if requested. All of the other options are valid and can be said to be material facts.
Remember that many federal and state laws have been passed making it against public policy to discriminate in real estate based on race, color, religion, sex, and sexual orientation.