What is the primary purpose of real estate disclosure?

The primary purpose of real estate disclosure is to provide potential buyers with critical property information. This is an essential component of the real estate transaction process, as it ensures that buyers are fully informed about the condition and characteristics of the property they are considering. Transparency in disclosure helps buyers make educated decisions, assess potential risks, and understand any necessary repairs or ongoing issues related to the property.

Disclosures typically include details about the property's physical condition, any known defects, zoning issues, and other relevant information that could affect its value or desirability. By equipping buyers with this information, sellers and their agents help foster trust and enable a smoother transaction process.

The other options do not align with the primary aims of real estate disclosure. While protecting the seller's interests is a consideration, the primary goal is the buyer's awareness and understanding. Lowering the selling price could be an unintended consequence of disclosures revealing significant issues but is not the intent of the disclosure itself. Establishing the credibility of the real estate agent is important, yet it is a secondary effect that arises from transparent dealings rather than being the core purpose of disclosure.