Which term describes a fact that could influence a buyer or seller to change their decision if known?

• A. Material Fact
• B. Latent Condition
• C. Appurtenance
• D. Covenant

Answer: (A)

Material fact refers to information that could influence a buyer or seller to change their decision if they knew it. This kind of information affects the desirability, value, safety, or legality of the property, so knowing it could lead to renegotiation, a different offer, or backing out. That broad, decision-shaping importance is why it’s the best term for the prompt. Latent condition describes a hidden defect, which is a specific type of issue; appurtenance is something that runs with the land, like an easement or fixture; covenant is a promise or restriction in the deed.