What action must real estate agents take concerning hazardous materials on a property?

Real estate agents have a legal and ethical responsibility to advise potential buyers of any known issues regarding hazardous materials on a property. This obligation stems from the principle of full disclosure, which is critical in real estate transactions. By informing buyers about known hazards like lead paint, asbestos, mold, or other hazardous substances, agents help protect public health and safety, allowing buyers to make informed decisions about their purchase.

Providing this information is also essential to minimize the potential for legal liability for the agent and the seller. If an agent is aware of hazardous materials but fails to disclose them, they may face significant repercussions, including legal action. Moreover, the client's trust in the agent can be compromised if they discover risks that were not disclosed prior to the transaction.

In contrast, other actions such as ignoring disclosures or only providing warnings when asked do not fulfill the agent's duty to clients. Similarly, contacting local authorities does not replace the agent's responsibility to disclose identified hazards to prospective buyers. The agent's proactive communication about these issues is crucial in real estate practice, aligning with legal requirements and ethical standards in the industry.