EstatePass
AgencySelf DealingMEDIUM

A North Dakota agent buying a listed property must:

Correct Answer

B) Disclose their licensee status in writing

Licensees must disclose their status when purchasing or selling property for themselves. Failure is a violation of disclosure duty.

Answer Options
A
Pay above asking price
B
Disclose their licensee status in writing
C
Get Commission approval
D
Use a different brokerage

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Related Topics & Key Terms

Related Topics:

disclosure-of-interestconflict

Key Terms:

self-dealingdisclosurelicensee status
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