Agency
In Montana, if a buyer purchases property and later discovers the listing agent concealed a known material defect, the buyer's potential remedies include:
AOnly reporting the agent to the Board of Realty Regulation
BRescission of the contract, damages in a civil lawsuit, and filing a complaint with the Board of Realty Regulation✓ Correct
COnly a refund of the real estate commission paid
DOnly a price adjustment after closing
Explanation
A buyer harmed by a licensee's concealment of material facts may pursue multiple remedies: civil lawsuit (rescission or damages), complaint to the Montana Board of Realty Regulation for license discipline, and potentially other legal actions.
Related Montana Agency Questions
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