Texas Crammer Practice Exam

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Prepare for the Texas Crammer Exam with comprehensive study tools, engaging flashcards and multiple choice questions. Each question includes hints and explanations. Ace your Texas exam!

Practice this question and more.

Upon discovering a significant crack in the foundation while showing a property, what action should you take?

Ignore it as it is not your responsibility
Report the issue to the buyers only
Advise the seller to correct the Seller's Disclosure Notice
Suggest the buyers ask for a discount

The correct answer is: Advise the seller to correct the Seller's Disclosure Notice

Advising the seller to correct the Seller's Disclosure Notice is the appropriate action to take when a significant crack in the foundation is discovered. This obligation ensures that the seller is transparent about the property’s condition, which is a legal requirement in many jurisdictions, including Texas. The Seller's Disclosure Notice is designed to inform potential buyers of any known issues that could affect the property’s value or usability. By ensuring the seller addresses this matter on the disclosure notice, you help protect the interests of the buyers, allowing them to make informed decisions about the property. Transparency in real estate transactions fosters trust and can prevent potential legal issues for both the seller and the real estate agent in the future.