Question: Question 1 & Explain Answer Please The real estate agent believes the metes and bounds legal description to be incorrect. What action should be taken

Question 1 & Explain Answer Please

The real estate agent believes the metes and bounds legal description to be incorrect. What action should be taken at this point?

A - The agent should do nothing as this is outside her area of expertise.

B - If the agent is knowledgeable, the correction should be made and recorded.

C - The agent should contact a surveyor or tile attorney for any corrections.

D - The agent should contact the municipality and make the corrections at the courthouse.

Question 2

An exclusive buyer agent is meeting with her buyers to complete an offer to purchase a property. The buyers mention that they noticed indications that the roof leaks. The property condition disclosure form completed by the sellers has no mention of any roof problems. What obligation does the buyers' agent have to the buyers beyond showing them the property condition disclosure form? The buyers' agent should

A - have the roof inspected before writing an offer on the property.

B - recommend that the buyers have an inspection made.

C - insist that the buyers not make an offer until the roof issue is settled.

D - encourage the buyers to wait until there is a rain before deciding the roof leaks.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!