Question

A broker who measures the square footage of a property _________________.

1) Must describe the method of measurement
2) Must use the Square Footage Disclosure
3) Must have another broker verify the information
4) Both 1 and 2 are correct

Answer 1

A broker measuring the square footage of a property must describe the method of measurement and use the Square Footage Disclosure. These requirements ensure transparency and legal compliance in real estate transactions. The use of another broker to verify the information is not a standard requirement.

Step-by-step explanation:

When a broker measures the square footage of a property, they must adhere to certain standards and procedures. The most correct options for what a broker must do are:

1. Must describe the method of measurement
2. Must use the Square Footage Disclosure

This means that both statements 1 and 2 are correct. Describing the method of measurement ensures transparency and allows for consistency and comparability across different properties. The use of the Square Footage Disclosure is often a legal requirement meant to provide accurate and verifiable information to all parties involved in real estate transactions.

It is not typically required that another broker verify the information unless it is for internal company policy or in a dual agency situation where additional oversight might be prudent. However, the standard practice usually involves only the listing broker or a professional measurer.