Final answer:
True. The seller's real estate professional has a duty to ensure sellers understand the warranty contained in most commonly used residential purchase contracts.
Step-by-step explanation:
True.
The seller's real estate professional has a duty to ensure sellers understand the warranty contained in most commonly used residential purchase contracts. This means that the real estate professional should clearly explain to sellers the terms, conditions, and coverage of the warranty, so that sellers are fully aware of their rights and responsibilities when selling a property.
For example, if a residential purchase contract includes a warranty that states the seller will fix or replace any defects in the property within a certain time period, the real estate professional should make sure the seller understands this provision and its implications.