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This entry was published on 2014-09-22
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SECTION 466
Duty of an agent
Real Property (RPP) CHAPTER 50, ARTICLE 14
§ 466. Duty of an agent. An agent representing a seller of residential
real property as a listing broker shall have the duty to timely inform
each seller represented by that agent of the seller's obligations under
this article. An agent representing a buyer of residential real
property, or, if the buyer is not represented by an agent, the agent
representing a seller of residential real property and dealing with a
prospective buyer, shall have the duty to timely (in any event, before
the buyer signs a binding contract of sale) inform such buyer of the
buyer's rights and obligations under this article. If an agent performs
the duties and obligations imposed upon him or her pursuant to this
section, the agent shall have no further duties under this article and
shall not be liable to any party for a violation of this article.