230 R.I. Code R. 230-RICR-30-20-2.22

Current through December 3, 2024
Section 230-RICR-30-20-2.22 - General Obligations of Licensees
A. All licensees shall deal fairly with all parties to a real estate transaction.
B. Every licensee shall make a diligent effort to ascertain all pertinent information and facts, including but not limited to lot size, zoning, presence or absence of town water or sewer connection, and in the course of a new dwelling, municipal acceptance of the plat and certificate of occupancy, concerning every property in a real estate transaction in which he or she acts as a client representative. The client representative shall reveal, in writing, all information and facts material to any transaction to his or her client and when appropriate to any other party. This information shall include any actual or potential conflicts of interest that the licensee may reasonably anticipate.

230 R.I. Code R. 230-RICR-30-20-2.22

Amended effective 11/27/2019
Amended effective 5/1/2021
Amended effective 2/21/2022