Question: Please argument your expert answer! Buyer bought a home through a broker. Seller due to lack of funds, did not want to provide the insurance
Please argument your expert answer!
Buyer bought a home through a broker. Seller due to lack of funds, did not want to provide the insurance for the buyer. Broker searched the title at the county courthouse and found that title was good. Based on the title information received from the broker, the buyer elected not to buy the title insurance on the home. Is the broker subject to disciplinary action? a. No because the buyer freely decided not to buy title insurance b. No because the broker checked out the title and found no problems c. Yes unless the buyer signed a written waiver of responsibility d. Yes, the broker is practicing law by giving advice on the soundness of a title
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