36-21A-145. Transaction broker not responsible for--Independent inspections--Statements by seller--Finances.
63 words·~1 min read·
/sd/title-36/chapter-36-21/36-21a-145A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No licensee acting as a transaction broker has any duty to:
(1)Conduct an independent inspection of the property for the benefit of any party to the transaction;
(2)Independently verify the accuracy or completeness of statements made by the seller, landlord, buyer, tenant, or qualified third - party inspector; or
(3)Conduct an independent investigation of the buyer's or tenant's financial condition.