North Carolina License LawIntermediateNorth Carolina Exam
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 misrepresentationCorrect
CMandatory re-examination
DMandatory CE in appraisal methods, under standard practice
Why License suspension or revocation for misrepresentation Is Correct
Answer B: License suspension or revocation for misrepresentation
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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