Who is responsible for ensuring that real estate contracts are compliant with the law?

The responsibility for ensuring that real estate contracts comply with the law typically falls on both the real estate broker and the client. The broker plays a crucial role in facilitating the transaction, ensuring that the terms of the contract are fair and compliant with applicable laws and regulations. This includes providing proper disclosures, adhering to state licensing laws, and being aware of any legal obligations involved in the sale or lease of property.

The client is equally involved, as their understanding of the contract and the information they provide can significantly impact its compliance. Clients must be informed participants in the process, asking questions and seeking clarification when necessary. While legal compliance is also a duty of the attorney (if one is involved), ultimately, the broker and the client share the responsibility throughout the transaction process to ensure that everything adheres to legal standards.