Agency
In a dual agency situation in North Carolina, a broker may NOT:
ADisclose material defects to the buyer
BDisclose the seller's minimum acceptable price without permission✓ Correct
CPresent all offers to the seller
DProvide factual property information to both parties
Explanation
In a dual agency, the broker cannot disclose the seller's minimum price or the buyer's maximum price without that party's permission.
Related North Carolina Agency Questions
- When must a North Carolina licensee provide the 'Working with Real Estate Agents' brochure to a prospective buyer?
- Which NC disclosure form must sellers of most residential property complete?
- Which document in North Carolina establishes the seller's agency relationship and authorizes the broker to market the property?
- Which of the following best describes a listing broker's duty to disclose a seller's financial distress?
- North Carolina's 'Working with Real Estate Agents' disclosure brochure must be provided to a prospective buyer or seller:
- A NC buyer's agent has a duty to present all offers to the seller's agent promptly. This duty reflects the fiduciary duty of:
- Under NC real estate license law, a broker who represents themselves as having expertise they do not possess may be liable for:
- A buyer's agent in North Carolina owes the buyer all of the following EXCEPT:
Practice More North Carolina Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free North Carolina Quiz →