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A listing broker in Asheville is updating the policy manual on disciplinary process, sanctions, and reporting duties. Which statement best applies under current North Carolina law?

Correct Answer

B) Failing to respond to Commission inquiries or requests for records can itself create disciplinary problems.

Failing to respond to Commission inquiries or requests for records can itself create disciplinary problems.

Answer Options
A
A broker may ignore Commission letters unless served with a court subpoena.
B
Failing to respond to Commission inquiries or requests for records can itself create disciplinary problems.
C
A broker may wait until renewal to answer a records request from the Commission.
D
Only trust account shortages matter; failing to respond to the Commission is never a separate issue.

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Related Topics & Key Terms

Key Terms:

core_rules_and_definitionsdifficulty_2disciplinary_process_sanctions_and_reportingdisciplinenc_license_lawnc_statenorth_carolinarecords_requestresponse

Related Concepts

Continuing education (CE) refers to the ongoing coursework that licensed real estate professionals must complete during each renewal cycle to maintain an active license. CE ensures agents stay current with changes in laws, regulations, and industry practices.

The National Do Not Call Registry is a federal program administered by the FTC that allows consumers to opt out of receiving unsolicited telemarketing calls, including calls from real estate agents soliciting business.

Brokers in Florida have strict responsibilities for managing escrow accounts, including monthly reconciliation and proper handling of trust funds.

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