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Practice Of Real EstateLicense LawEASY

A provisional broker in Raleigh is answering a client question about advertising, supervision, and representation disclosures. Which statement best applies under current North Carolina law?

Correct Answer

B) A broker must accurately disclose the nature of representation rather than creating confusion about whether the broker represents a buyer, seller, both, or neither.

A broker must accurately disclose the nature of representation rather than creating confusion about whether the broker represents a buyer, seller, both, or neither.

Answer Options
A
A broker may represent both sides without written consent if the parties seem comfortable.
B
A broker must accurately disclose the nature of representation rather than creating confusion about whether the broker represents a buyer, seller, both, or neither.
C
Agency status never needs to be clarified in advertising or early communications under current North Carolina rules
D
A broker may avoid agency rules by simply calling everyone a customer after making an offer.

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Related Topics & Key Terms

Key Terms:

advertisingadvertising_supervision_and_representationagencydifficulty_2nc_license_lawnc_statenorth_carolinarepresentation_disclosurestiming_forms_exceptions_and_authority
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