North Carolina License Law
A broker who knowingly prepares a false or misleading comparative market analysis (CMA) may face:
AA civil fine from NCREC only
BLicense suspension or revocation for misrepresentation✓ Correct
CMandatory re-examination
DMandatory CE in appraisal methods
Explanation
Knowingly providing a false or misleading CMA constitutes misrepresentation and is a ground for license suspension or revocation by the NCREC.
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