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MO HB220

Bill

Status

Passed

7/7/2011

Primary Sponsor

Michael Corcoran

Click for details

Origin

House of Representatives

2011 Regular Session

AI Summary

  • Real estate licensees are immune from liability for statements made by engineers, surveyors, geologists, environmental experts, home inspectors, and similar professionals unless the licensee employed them, selected and engaged them, or knew the statements were false.

  • Ordering a report or inspection alone does not constitute selecting or engaging a person for purposes of determining licensee liability.

  • Real estate licensees cannot be sued for information in seller's disclosures for residential, commercial, industrial, farm, or vacant real estate unless the licensee signed the disclosure or knew prior to closing that statements were false or acted in reckless disregard of their truth.

  • Real estate licensees acting as document couriers are not considered to be making the statements contained in those documents.

Legislative Description

Specifies that the ordering of a report or an inspection alone will not constitute selecting or engaging a person regarding a real estate licensee's immunity from liability for certain expert statements

Last Action

Delivered to Secretary of State (G)

7/7/2011

Committee Referrals

Financial And Governmental Organizations And Elections4/7/2011
Rules3/7/2011
Professional Registration And Licensing1/20/2011

Full Bill Text

No bill text available