Final answer:
A licensee could be liable if homeowner association documents contain terms that are not disclosed correctly to the buyer, potentially leading to legal consequences.
Step-by-step explanation:
While a seller may not be required to provide homeowner association documents during a real estate transaction, the licensee who is facilitating the deal holds a responsibility to ensure the buyer is accurately informed. If the documents contain terms and conditions that are contrary to what the buyer has been told by the licensee, then the licensee could potentially be held liable for misrepresentation or nondisclosure. This could lead to legal consequences for the licensee, including penalties or the buyer seeking remedies through the courts.