A training instructor in Cary is answering a client question about 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 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.
The extent of power and actions an agent is authorized to perform on behalf of the principal, as defined by the agency agreement.
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