Section 36-21A-145 - Transaction broker not responsible for--Independent inspections--Statementsby seller--Finances.
36-21A-145. Transaction broker not responsible for--Independent inspections--Statements by seller--Finances. 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.
Source: SL 1998, ch 229, § 22.