New real estate disclosure regulations require sellers and their agents to tell prospective buyers about any existing problems with the property.Previously,they were expected only to answer buyers' questions.The new regulation addressed the marketing ethics problem of

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The new disclosure regulation requires sellers and agents to disclose any existing problems with the property, whereas previously they were only expected to answer buyers' questions. This addresses the problem of withholding information, as sellers and agents can no longer withhold information about existing problems with the property.

New Real Estate Disclosure Regulations Require Sellers and Their Agents