Maria, a licensed real estate salesperson in New York, is working with a buyer client who asks her to explain the legal implications of a specific contract clause regarding title defects. What should Maria do?
Correct Answer
C) Refer the client to consult with an attorney for legal advice
Under New York law, real estate licensees cannot provide legal advice to clients, even if they have legal knowledge. The appropriate response is to refer the client to consult with an attorney who can provide proper legal interpretation of contract clauses.
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During a real estate transaction in New York, the buyer's attorney discovers a title issue that requires immediate attention. The listing agent suggests a specific legal remedy to resolve the problem. What is the most appropriate action for the buyer's agent to take?