Final answer:
Real estate agents should not give legal advice as they are not licensed attorneys and may provide incorrect guidance, which could lead to liability issues. It's best for clients to seek professional legal assistance for complex matters such as lease agreements and housing discrimination.
Step-by-step explanation:
Real estate agents should refrain from giving legal advice to clients mainly because they are not licensed attorneys. Law requires a specific licensure to practice and give legal advice, and real estate agents typically do not possess this. Providing legal counsel without the proper license can lead to incorrect guidance, liability issues, and the potential for legal malpractice.
Specific real estate transactions can be particularly unclear and confusing, and real estate agents should guide their clients to seek professional legal assistance for lease agreements, restrictive covenants, and issues related to housing segregation and mortgage discrimination.