Question

When a broker has a question regarding a serious legal issue in a transaction, the proper course of action is to

A)ask the sales agent to resolve the issue and have principals initial their agreement.
B)read applicable Texas state law and select a course of action.
C)consult an attorney.
D)note the issue in the sales agreement to be resolved after closing.

Answer 1

Option (C), When faced with a serious legal issue in a transaction, a broker should consult an attorney for expert advice, as legal documents can be complex and have serious consequences if mishandled.

Step-by-step explanation:

When a broker has a question regarding a serious legal issue in a transaction, the proper course of action is to consult an attorney. It is important for professionals in real estate transactions to seek expert legal advice when faced with serious legal concerns.

Legal terms and dense language in contracts can be confusing, and navigating these issues without legal expertise could result in improper handling of the situation and potentially serious consequences. Real estate agents and brokers are not licensed to practice law and must refer to an attorney to ensure that they are operating within the law and protecting the interests of all parties involved.