Which term or document is being described in this North Carolina item on buyer agency agreements and the written-agreement deadline? Here is the description. 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
C) Written buyer agency agreement
Written buyer agency agreement
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Related Topics & Key Terms
Key Terms:
Related Concepts
The fiduciary obligations owed by a listing agent to the seller, including marketing the property, presenting all offers, and protecting the seller's confidential information.
A practice where the agent or brokerage represents only one party in a transaction — either the buyer or the seller, but never both.
A relationship where a listing broker authorizes other brokers to act as agents of the seller, extending the seller's agency relationship to cooperating brokers.
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