Who is responsible for verifying and accurately reporting the square footage of a property?

The licensee holds the responsibility for verifying and accurately reporting the square footage of a property. In real estate transactions, it is crucial for the licensee to provide accurate information to buyers and sellers to facilitate fair dealings and ensure informed decision-making.

The role of the licensee encompasses gathering and confirming pertinent details about the property, which includes dimensions and square footage. This information often becomes part of marketing materials, listings, and disclosures, making it essential that the licensee ensures its accuracy to avoid potential legal issues or disputes.

Other professionals, such as appraisers and home inspectors, play significant roles in the real estate process; however, their focus may be broader, encompassing an evaluation of property value or condition rather than the specific responsibility of accurately stating the property's square footage. Without the precise input of the licensee, the potential for misinformation increases, which can negatively affect transactions and client trust. Thus, it is the licensee's duty to verify and communicate this critical data.