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MO HB220
Bill
Status
7/7/2011
Primary Sponsor
Michael Corcoran
Click for details
AI Summary
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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.
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Ordering a report or inspection alone does not constitute selecting or engaging a person for purposes of determining licensee liability.
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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.
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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