Practice Of Real EstateLicense LawEASY
Which term or document is being described in this North Carolina item on compensation authorization, disclosure, and limits? Read the description and choose the matching concept. Description: The North Carolina principle that broker commissions are not fixed by law and must be negotiated.
Correct Answer
C) Commissions are negotiable
Commissions are negotiable
Answer Options
A
Mandatory MLS splitB
Statutory commission scheduleC
Commissions are negotiableD
Uniform county rateWhy This Is the Correct Answer
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Why the Other Options Are Wrong
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Related Topics & Key Terms
Key Terms:
commissions are negotiableantitrustNCRECconsumer protectionbrokerage fees
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