Hawaii Real Estate State Practice Exam

Which responsibility does a seller NOT have under a listing contract?

1. Providing stage advice to improve property appeal

2. Making repairs to the property

3. Paying for all utility bills during the listing period

4. Disclosing any known property defects

The correct answer is: Paying for all utility bills during the listing period

In a listing contract, the seller is typically responsible for various aspects related to the sale of their property, but paying for all utility bills during the listing period is not a formal obligation outlined in such contracts. Generally, while sellers may choose to keep utility services active to facilitate showings, it is not a universal requirement enforced by the contract itself. On the other hand, providing staging advice, making necessary repairs, and disclosing known defects are all critical responsibilities that sellers must fulfill to promote a fair and transparent transaction. Staging advice can enhance the property’s appeal to potential buyers, and repairs ensure the property is in good condition. Disclosure of known defects is essential for protecting buyer interests and fulfilling legal obligations, thereby preventing potential liability issues for the seller after the sale. Thus, the notion that the seller is responsible for all utility costs is not strictly mandated by a listing agreement, making it the correct answer regarding which responsibility the seller does not necessarily have under a listing contract.