In New York, when should a real estate agent recommend that their client consult with an attorney?
Correct Answer
B) At the beginning of the transaction and whenever legal questions arise
In New York, real estate agents should recommend attorney consultation at the beginning of transactions due to the customary role of attorneys in New York real estate, and whenever legal questions arise throughout the process to ensure proper legal guidance.
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A seller's attorney in New York advises that a specific disclosure is required due to a unique property condition. The listing agent disagrees based on their interpretation of the disclosure requirements. What should the listing agent do?
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A buyer's agent in New York receives a contract addendum from the seller's attorney that contains complex legal language about easement rights. The buyer asks the agent to explain what this means for their use of the property. What is the agent's best response?
