A transaction coordinator in Cary is sorting out a file issue involving WWREA at first substantial contact. Which statement best applies under current North Carolina law?
Correct Answer
D) 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
A situation where a single agent or brokerage represents both the buyer and the seller in the same real estate transaction.
An agency relationship created by a clear, explicit agreement between the principal and agent, either orally or in writing.
The highest legal obligation of trust and confidence owed by an agent to their principal, requiring the agent to act solely in the principal's best interest.
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