A provisional broker in Concord is updating the policy manual on WWREA at first substantial contact. Which statement best applies under current North Carolina law?
Correct Answer
B) When first substantial contact occurs by phone or email, the brochure must still be transmitted or mailed promptly and then reviewed with the consumer.
When first substantial contact occurs by phone or email, the brochure must still be transmitted or mailed promptly and then reviewed with the consumer.
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Related Topics & Key Terms
Key Terms:
Related Concepts
An agency relationship where the agent agrees to act on behalf of the principal without receiving compensation.
An agency relationship created by the conduct or actions of the parties rather than by a written or oral agreement.
The legal obligation to reveal information that could affect a party's decision to enter into or the terms of a real estate transaction.
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