AgencyMEDIUM
North Carolina does NOT recognize which type of agency?
Correct Answer
D) Transaction brokerage
North Carolina does not recognize transaction brokerage. Licensees must act as either a buyer's agent, seller's agent, or disclosed dual agent.
Answer Options
A
Buyer agencyB
Seller agencyC
Dual agencyD
Transaction brokerageVideo Explanation3 min
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Related Topics & Key Terms
Related Topics:
fiduciary-dutiesdisclosure-requirementsagency-relationships
Key Terms:
transaction brokerageagency relationshipsNCRECdual agencyNorth Carolina license law
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