Washington State Real Estate Practice Exam

In Washington State, brokers are indeed required to disclose all known latent defects to potential buyers. This obligation stems from the principle that buyers have a right to make informed decisions regarding their purchases. Latent defects are issues that are not readily visible or detectable upon a reasonable inspection but can significantly affect the property's value or its habitability. By enforcing this disclosure requirement, the state aims to promote transparency in real estate transactions, protecting buyers from purchasing properties with hidden issues that may lead to costly repairs or unsafe living conditions.

This duty to disclose does not hinge on whether the buyer specifically inquires about defects; rather, it is a proactive obligation of the broker, reflecting the ethical standards within the industry. A broker who fails to disclose known latent defects may face legal consequences, including potential liability for damages. In contrast, focusing on major defects or limited disclosure only when asked does not align with the comprehensive approach mandated by Washington law. Thus, it is essential for brokers to understand and uphold their responsibility to disclose all known latent defects, ensuring fairness in the real estate market.