Final answer:
A buyer's broker should not provide legal advice to their client as this would be considered unauthorized practice of law. Instead, they should refer any legal concerns to a qualified attorney, focusing on their expertise in real estate transactions.
Step-by-step explanation:
A buyer's broker should NOT provide legal advice to their client. This statement is true. A buyer's broker, or any real estate agent, is not licensed to practice law unless they also happen to be a licensed attorney. In real estate transactions, brokers and agents are hired for their expertise in the field of real estate sales, not legal advice. Providing legal advice without a license may be considered unauthorized practice of law and can lead to serious legal consequences for the broker.
If a client requires legal advice during a real estate transaction, the broker should refer them to a qualified attorney who has the appropriate legal expertise. Doing so protects both the client's interests and the broker's professional integrity. Real estate agents should focus on their role – assisting with buying, selling, and negotiating properties – while letting attorneys handle the legal intricacies of contracts and property law.