Mich. Admin. Code R. 339.22333 - Misrepresentation of material facts prohibited; disclosure of material facts
Rule 333.
(1) A
licensee shall not, directly or indirectly, misrepresent material
facts.
(2) A licensee's full
disclosure to a buyer or seller of material facts within his or her knowledge
about the condition of the real estate offered shall not be grounds for
disciplinary action, despite a claim by the buyer or seller that the disclosure
constituted disloyalty to the buyer or seller in violation of an agency
relationship.
Notes
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