§ 5-20.6-13. Penalty for violation.
(a) Each violation of this chapter by a licensee shall constitute a violation of law pursuant to chapter 20.5 of this title and the regulations promulgated thereunder and may subject the licensee to disciplinary action.
(b) Failure to provide the mandatory relationship disclosure in accordance with § 5-20.6-8 does not void the sales agreement nor create any defect in title.
History of Section.P.L. 2007, ch. 344, § 2; P.L. 2007, ch. 403, § 2.
Structure Rhode Island General Laws
Title 5 - Businesses and Professions
Chapter 5-20.6 - Relationships in Residential Real Estate Transactions
Section 5-20.6-1. - Legislative purpose.
Section 5-20.6-2. - Definitions.
Section 5-20.6-3. - Relationships — Creation and presumption.
Section 5-20.6-4. - Duties owed by a transaction facilitator to a customer.
Section 5-20.6-5. - Duties owed by a designated client representative to client.
Section 5-20.6-6. - Dual facilitator.
Section 5-20.6-7. - Duty to protect confidential information.
Section 5-20.6-8. - Mandatory relationship disclosure.
Section 5-20.6-9. - Written requirement for representation of a client.
Section 5-20.6-10. - Client representation contract — Minimum requirements.
Section 5-20.6-11. - Relationship and compensation.