Unformatted text preview: and the agreement is in writing. 2. What disclosure is required? A dual agent may disclose any information to one client that the licensee gains from the other client if the information is material to the transaction unless it is confidential information as defined in section 339.710 of the Missouri Revised Statutes. However, there are 5 exceptions, to which the broker shall not disclose information, (highlighted) under sections 4 and 5 of MRS 33.710, (see attached). 3. If a broker or a salesperson fails to disclose his or her agency relationship to a customer (i.e. the prospective buyer) does your state law make them automatically an agent of the customer? No. See attachments for details. 1...
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- Spring '10
- Law, real estate commission, Principles Professor Clements