An exam-prep coach in Greensboro is answering a client question about WWREA at first substantial contact. Which statement best applies under current North Carolina law?
Correct Answer
A) First substantial contact depends on the substance of the communication, not merely how long the conversation lasts or whether it happens online.
First substantial contact depends on the substance of the communication, not merely how long the conversation lasts or whether it happens online.
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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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