Discuss the issues raised in the following hypothetical situations based on info

Question

Discuss the issues raised in the following hypothetical situations based on information learned in the textbook. A real estate licensee must treat customers fairly. Customers are entitled to know material information about property that affects its value such as defects in the premises, title problems and boundary encroachments. Clients are entitled to all this information and the licensee's opinion regarding market value, assistance in marketing the home and negotiation strategy. Clients are entitled to loyalty, confidentiality and obedience as well as other duties previously discussed. Agents should not engage in fraud in discharging their duty to clients however. Customers are to be treated fairly but not equally.

     Aron has an appointment to show 83 acres of rural property he listed to a potential buyer. In discussing his appointment with another licensee in his office he learns that the property adjacent to the listed property had a test on their well water six months ago which showed the water unsafe to drink.

Q: Aron has the water tested on the listed property and places the written report in a file at his office without telling the seller the results. Can the seller be treated by law as having the information? Why or why not?

Explanation / Answer

answer- Aron has property of 83 acres in Rural area. He made a water report without informing the result to the seller and he have to show the material report to the his client. and yes seller can be treated as law about having information about his property against Aron. By the Intellectual Property Right there is provision gurented to the to the creator or owner of intellctual property. the seller have all right of each information about his property. Aron can made any reports and showed them client without informing. This Intellectual Property right includes the patents, copyright trademarks and juridictions trade secrets to the owner. Patents right is gurented to owner of the property to making selling, offering to sell.

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