Agency
A Mississippi seller's agent who fails to disclose a known material defect to a prospective buyer may face:
ANo consequences since the duty runs only to the seller
BLiability to the buyer for fraud or misrepresentation, MREC disciplinary action, and potential civil damages✓ Correct
CA warning letter from MREC only
DConsequences only if the defect causes physical injury
Explanation
Even a seller's agent owes a duty to disclose known material defects to prospective buyers. Failing to disclose can result in civil liability for fraud/misrepresentation, MREC disciplinary proceedings, and potential damages. This duty exists alongside the agent's loyalty to the seller.
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