Agency
Under Oklahoma law, when a licensee represents a buyer in a new construction transaction, the licensee should advise the buyer to:
ARely solely on the builder's representations about the property
BHave an independent home inspection and review the builder's contract with legal counsel if needed, as the builder's contract may favor the builder✓ Correct
CAccept the standard builder contract without modification
DSkip the title insurance since the property is new
Explanation
New construction buyers' agents should advise clients to obtain independent home inspections (at multiple stages of construction), have legal counsel review the builder's contract, and purchase owner's title insurance. Builder contracts are drafted to protect the builder.
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