An exam-prep coach in Gastonia is updating the policy manual on seller agency, listing agreements, and subagency. Which statement best applies under current North Carolina law?
Correct Answer
A) Brokers should not imply seller representation without the required written agreement and related disclosures.
Brokers should not imply seller representation without the required written agreement and related disclosures.
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Related Topics & Key Terms
Key Terms:
Related Concepts
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.
A non-agency relationship where the broker facilitates a real estate transaction without representing either party, owing limited duties of honesty, fairness, and competence to both.
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