Which North Carolina label best fits this description about buyer agency agreements and the written-agreement deadline? Match the description to the correct term. Description: The North Carolina agreement that must be express, written, and signed no later than the time an offer is made when a broker represents a buyer as agent.
Correct Answer
D) Written buyer agency agreement
Written buyer agency agreement
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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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