SAN DIEGO—An associate broker licensee is required to learn anddisclose to both buyer and seller all information materiallyaffecting the value and desirability of the property, HechtSolberg Robinson Goldberg & Bagley LLP attorneyTalon Powers tells GlobeSt.com. Powers specializesin litigation and risk management, as well as transactional mattersin real estate, business and finances.
While the most recent CaliforniaSupreme Court decision regarding dualagency appears to favor real estate buyers,the Horiike decision itself shouldn't cause manyissues, according to Powers. As the California Supreme Courtcorrectly points out, the decision only holds associate brokerlicensees responsible for the general duties of disclosure thatthey would owe any buyer regardless.
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