To whom must a landlord's broker disclose all material defects about the property?

A landlord's broker is required to disclose all material defects about the property to all parties with whom the broker is working. This obligation arises from the broker's fiduciary duty, which includes the responsibility to act in the best interests of all parties involved in the transaction. By providing full disclosure, the broker helps ensure that everyone has a clear understanding of any potential issues related to the property, which can significantly impact their decision-making processes.

This approach fosters transparency and trust, essential components in real estate transactions. Furthermore, legal and ethical guidelines in real estate conduct often mandate that brokers maintain open lines of communication about the property, thus safeguarding all parties from potential disputes or misunderstandings later on. In the context of real estate, material defects can include anything that affects a property's value or safety, making it important for a broker to inform buyers, sellers, landlords, and tenants equally.