Real estate agent Michael is working with a buyer who does not want to hire an attorney for their New York property purchase. The buyer asks Michael to handle all aspects of the transaction including contract review. How should Michael respond?
Correct Answer
A) Explain that while attorney representation is not required by law, it is strongly recommended and that he cannot provide legal services
Michael should explain that while New York does not legally require attorney representation in real estate transactions, it is strongly recommended due to the complexity of real estate law. He must clarify that as a real estate agent, he cannot provide legal services or advice.
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