Michigan License Law
A Michigan real estate license may be suspended by LARA for which of the following acts?
AOffering a buyer's agent rebate with disclosure
BFailing to disclose a known material defect in a property✓ Correct
CCharging a commission below the market rate
DUsing electronic signatures on contracts
Explanation
Failing to disclose known material defects constitutes misrepresentation and is grounds for license suspension or revocation by LARA under the Michigan Occupational Code.
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