A closing-file reviewer in Wilmington is updating the policy manual on RPOADS timing, scope, and the "No Representation" choice. Which statement best applies under current North Carolina law?
Correct Answer
D) A seller may answer 'No Representation' on RPOADS, but that does not relieve a broker of the broker's separate duty to disclose material facts actually known or that should be discovered.
A seller may answer 'No Representation' on RPOADS, but that does not relieve a broker of the broker's separate duty to disclose material facts actually known or that should be discovered.
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