Seller must disclose all known material facts.

• A. Seller
• B. Buyer
• C. Listing agent
• D. Title company

Answer: (A)

The seller is the one who must disclose known material facts about the property. In Colorado practice, sellers complete a disclosure (often called a Seller’s Property Disclosure Statement) to reveal defects or issues they know could affect value or desirability. This duty exists because the seller has the clearest knowledge of what’s been going on with the property, and providing this information helps buyers make informed decisions and protects against later misrepresentation claims. The listing agent facilitates the process by obtaining and delivering the disclosure and advising the seller, but the obligation to disclose rests with the seller. The buyer uses this disclosure as part of due diligence, while the title company handles title transfer and insurance, not property-condition disclosures.