Under BRRETA, is a listing agent required to disclose nearby zoning changes affecting a buyer's potential property?

The correct answer states that the listing agent is indeed required to disclose nearby zoning changes affecting a buyer's potential property, particularly if those changes are within one mile. Under the Brokerage Relationship in Real Estate Transactions Act (BRRETA), material facts must be disclosed to buyers. Zoning changes are considered material because they can significantly impact the value, use, and enjoyment of a property. If a zoning change occurs nearby, it could affect future developments or restrictions that impact the property in question, making this information pertinent for the buyer's decision-making process.

Disclosing zoning changes shows the agent's commitment to transparency and helps ensure that buyers can make informed choices regarding their real estate investments. Potential buyers should be aware of any changes that could influence their future rights or the property’s value, and agents have a duty to provide this information within the framework of BRRETA.

In contrast, the other choices imply either that such disclosures are unnecessary, based on distance or confidentiality, or misinterpret the materiality of the fact, which does not align with the law's requirements regarding the duty of disclosure.