Mich. Admin. Code R. 339.22333

Current through Vol. 24-22, December 15, 2024
Section 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.

Mich. Admin. Code R. 339.22333

1991 AACS; 2002 AACS