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Practice Of Real EstateLicense LawMEDIUM

A Gastonia broker is training a new associate on advertising, supervision, and representation disclosures. Which statement best applies under current North Carolina law?

Correct Answer

D) Written agency agreements are required at the times specified by rule; advertising or informal conversations do not replace those written agreements.

Written agency agreements are required at the times specified by rule; advertising or informal conversations do not replace those written agreements.

Answer Options
A
A listing may be marketed before any written seller agreement exists under current North Carolina rules
B
A text message saying 'I represent you' automatically satisfies all agency writing requirements.
C
A broker's website disclaimer can substitute for a written buyer agency agreement.
D
Written agency agreements are required at the times specified by rule; advertising or informal conversations do not replace those written agreements.

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Related Topics & Key Terms

Key Terms:

advertisingadvertising_supervision_and_representationagencydifficulty_3nc_license_lawnc_statenorth_carolinascenario_traps_edge_cases_and_enforcementwritten_agreements
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