Missouri License Law

A Missouri real estate licensee who fails to disclose a known material defect to a buyer may be subject to:

ANo consequences if the buyer signed an as-is clause
BMREC discipline, civil liability for fraud or misrepresentation, and possible lawsuit✓ Correct
COnly a refund of commission
DOnly a reminder letter from MREC

Explanation

Failing to disclose a known material defect violates both Missouri agency law and MREC rules. The licensee may face MREC discipline, civil lawsuits for misrepresentation, and damages.

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