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Practice Of Real EstateLicense LawHARD

A broker-in-charge in Charlotte is sorting out a file issue involving advertising, supervision, and representation disclosures. Which statement best applies under current North Carolina law?

Correct Answer

D) North Carolina advertising must not be false or misleading and must clearly identify the brokerage entity or broker responsible as required by Commission rules.

North Carolina advertising must not be false or misleading and must clearly identify the brokerage entity or broker responsible as required by Commission rules.

Answer Options
A
A misleading ad is acceptable if the property eventually sells for market value.
B
A broker may omit firm identity from advertising if a phone number is shown under current North Carolina rules
C
Only print ads, not online ads or social posts, are covered by the Commission rules.
D
North Carolina advertising must not be false or misleading and must clearly identify the brokerage entity or broker responsible as required by Commission rules.

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Related Topics & Key Terms

Key Terms:

advertisingadvertising_supervision_and_representationcore_rules_and_definitionsdifficulty_4firm_namemisleading_adsnc_license_lawnc_statenorth_carolina

Related Concepts

In real estate, the distinction between an independent contractor and an employee determines tax treatment, liability, and the level of control a broker may exercise over the agent's daily activities. Most real estate agents operate as independent contractors.

Florida real estate licenses must be renewed biennially, and sales associates have specific post-license education requirements for their first renewal.

License requirements are the mandatory qualifications—including pre-licensing education, examination, and background checks—that a person must satisfy before legally practicing real estate. These requirements are established and enforced by each state's real estate commission.

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