North Carolina real estate licensees are regulated by the:
Correct Answer
B) North Carolina Real Estate Commission (NCREC)
The North Carolina Real Estate Commission (NCREC) regulates real estate licensees in North Carolina.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
The fiduciary obligation to protect a client's private information and not disclose it to third parties without permission, surviving even after the agency relationship ends.
In real estate, a client is someone to whom the agent owes fiduciary duties through an agency relationship, while a customer is a third party to whom the agent owes only honesty and fair dealing.
An arrangement where a brokerage assigns separate agents within the firm to represent the buyer and seller in the same transaction, allowing each client to have dedicated representation.
More Agency Questions
Under agency law in Nevada, dual agency is:
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