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.