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.