A real estate licensee generally will not be held liable for failure to disclose lead-based paint if the hazard was known by the landlord or seller but what?

The correct answer highlights that a real estate licensee typically is not liable for not disclosing lead-based paint hazards if the landlord or seller did not inform the licensee about the presence of such hazards. This is significant because the responsibility to disclose such information falls primarily on the property owner. If the landlord or seller fails to communicate this critical detail, the licensee cannot be held accountable for a lack of disclosure since they were not made aware of the issue.

In real estate transactions, it is essential for all parties to communicate openly about known hazards. The lease or sale agreement often stipulates that the seller must provide information about any known defects or hazards. If the seller neglects to inform the licensee, then the onus lies with the seller, and the licensee is relieved of liability in this context.

Understanding this principle is essential for real estate professionals to navigate their roles and responsibilities effectively. This context underlines the importance of communication between sellers and agents, ensuring that agents are equipped with all pertinent information to avoid legal pitfalls.