Agency
In North Carolina, a broker who represents the seller owes which duty to the buyer?
ALoyalty and confidentiality
BDisclosure of all material facts✓ Correct
CNegotiating the lowest price for the buyer
DPresenting only the seller's counteroffer
Explanation
Even when representing the seller, a North Carolina broker owes the buyer the duty to disclose all material facts about the property.
Related North Carolina Agency Questions
- Which of the following best describes a listing broker's duty to disclose a seller's financial distress?
- Under NC real estate license law, a broker who represents themselves as having expertise they do not possess may be liable for:
- A NC listing broker who receives multiple offers simultaneously should:
- In NC, a 'buyer agency agreement' is a written contract between the buyer and:
- In a NC transaction where a listing broker has no buyer's agent cooperating, and shows the home to an unrepresented buyer, the broker is most likely acting as:
- A seller's agent who knows a property's basement floods every spring has a duty to:
- Which document in North Carolina establishes the seller's agency relationship and authorizes the broker to market the property?
- A real estate broker in NC may represent more than one buyer seeking the same property if:
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 →