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Practice Of Real EstateLicense LawHARD

A closing-file reviewer in Raleigh is sorting out a file issue involving Commission rules structure and regulatory authority. Which statement best applies under current North Carolina law?

Correct Answer

A) When a rule addresses a specific licensing issue, brokers should comply with that rule even if a form or office custom is more casual.

When a rule addresses a specific licensing issue, brokers should comply with that rule even if a form or office custom is more casual.

Answer Options
A
When a rule addresses a specific licensing issue, brokers should comply with that rule even if a form or office custom is more casual.
B
Local custom always overrides a Commission rule under current North Carolina rules
C
Commission rules apply only if the parties mention them in the contract.
D
A broker may rely on office habit instead of a Commission deadline.

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Related Topics & Key Terms

Key Terms:

authoritycommission_rules_structure_and_authoritycompliancecore_rules_and_definitionsdifficulty_5nc_commission_rulesnc_statenorth_carolinarulemaking
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