Agency
In NC, a listing broker who also brings a buyer and represents both parties without proper consent is guilty of:
AAcceptable disclosed dual agency
BUndisclosed dual agency — a violation of license law✓ Correct
CTransaction brokerage
DSubagency
Explanation
Representing both buyer and seller without obtaining informed written consent from both parties constitutes undisclosed dual agency, a serious violation of NC license law.
Related North Carolina Agency Questions
- A NC listing agent who learns during a home inspection that the property has a faulty electrical panel has a duty to disclose this to:
- A NC seller who tells their listing agent 'don't tell anyone I'm going through a divorce' has invoked their right to:
- A NC broker who represents neither buyer nor seller but facilitates the transaction is acting as a:
- Under NC law, a real estate broker is an agent only if they have:
- A NC broker representing a buyer who has an exclusive buyer representation agreement may terminate the agreement early if:
- Under NC law, an agency relationship created through the conduct of the parties (rather than a written agreement) is called:
- Apparent authority in a real estate agency relationship arises when:
- Under NC license law, can a broker represent a buyer and a seller in the same transaction if both consent?
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 →