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Practice Of Real EstateLicense LawMEDIUM

A buyer representative in Concord is sorting out a file issue involving advertising, supervision, and representation disclosures. Which statement best applies under current North Carolina law?

Correct Answer

D) Office and entity advertising should not suggest a physical office or licensed status that does not actually exist.

Office and entity advertising should not suggest a physical office or licensed status that does not actually exist.

Answer Options
A
A firm may advertise multiple office locations even when only one licensed office exists.
B
A dissolved LLC may continue advertising brokerage services while renewal paperwork is pending.
C
A referral-only webpage needs no connection to any licensed broker or firm.
D
Office and entity advertising should not suggest a physical office or licensed status that does not actually exist.

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Related Topics & Key Terms

Key Terms:

advertisingadvertising_supervision_and_representationdifficulty_3entity_statusnc_license_lawnc_statenorth_carolinaoffice_locationtiming_forms_exceptions_and_authority

Related Concepts

Commingling is the illegal act of mixing client trust funds with a broker's personal or business operating funds; conversion is the misappropriation of those funds.

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.

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