California Real Estate Practice Exam

The cooperating broker is wrong to not inspect the property because the seller's broker is already doing so. This implies what about the cooperating broker's responsibility?

1. It's optional

2. It's non-transferable

3. It's unnecessary if represented by another broker

4. It's shared with the seller's broker

The correct answer is: It's non-transferable

When a cooperating broker is involved in a real estate transaction, they have a responsibility to inspect the property themselves, regardless of whether the seller's broker is also conducting an inspection. This is because the cooperating broker is responsible for representing the buyer's best interests and ensuring that all necessary information about the property is obtained. Choosing not to inspect the property could be considered negligence on the part of the cooperating broker. Option A is incorrect because the responsibility is not optional, it is a necessary part of the job. Option C is incorrect because even if represented by another broker, the cooperating broker still has a responsibility to conduct their own inspection. Option D is incorrect because while some responsibilities may be shared with the seller's broker, the responsibility to inspect the property falls solely on the cooperating broker.