Delaware Statutes
§ 2929 — Financial information
Delaware·Title 24·Ch. 29 REAL ESTATE SERVICES, BROKERS, ASSOCIATE BROKERS AND SALESPERSONS·Subch. Business Relationships
Licensees do not have a duty to conduct an independent investigation of the customer’s or client’s financial condition and do not have a duty to independently verify the accuracy or completeness of financial statements made by the customer or client or any independent inspector, auditor, or lender, but if the licensee has actual knowledge of false financial information, the licensee shall advise the party to correct it and shall not pass on the information known to be false.
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Legislative History
75 Del. Laws, c. 277, § 6 ; 78 Del. Laws, c. 166, § 1
Nearby Sections
15
§ 2900
Objectives§ 2902
Definitions§ 2905
Records§ 2906
Powers and duties§ 2907
Qualifications of applicant; application; examination; report to Attorney General; judicial review§ 2908
Fees§ 2909
Reciprocal licensure§ 2911
Complaints§ 2912
Grounds for discipline§ 2913
Hearing procedures§ 2914
Disciplinary sanctions