North Carolina License LawIntermediateNorth Carolina Exam
North Carolina requires mandatory agency disclosure. This disclosure must occur:
AOnly at closing
BBefore entering into a contract
CAt first substantial contact with a prospective buyer or sellerCorrect
DOnly when a buyer or seller specifically requests it, in general
Why At first substantial contact with a prospective buyer or seller Is Correct
Answer C: At first substantial contact with a prospective buyer or seller
North Carolina requires licensees to provide a mandatory agency disclosure at first substantial contact with prospective buyers or sellers, before any agency relationship begins.
Key North Carolina License Law Terms in This Question
People Also Study
Related North Carolina Questions
- Under NC license law, a broker must provide the Working with Real Estate Agents disclosure at first substantial contact with:North Carolina License Law
- A NC broker who fails to provide the Working with Real Estate Agents (WWREA) disclosure at first substantial contact is subject to:Agency
- Which document in North Carolina establishes the seller's agency relationship and authorizes the broker to market the property?Agency
- When must a North Carolina licensee provide the 'Working with Real Estate Agents' brochure to a prospective buyer?Agency
- North Carolina requires disclosure of lead-based paint hazards in residential properties built before:Environmental
- In North Carolina, 'informed consent' in a dual agency situation requires:Agency
- The North Carolina Residential Property and Owners Association Disclosure Statement (RPOADS) must be provided to buyers of:Contracts
- Which agency regulates real estate licenses in North Carolina?North Carolina License Law
Key Terms to Know
State-Specific Concepts
License Law
Practice More North Carolina Real Estate Questions
1,400+ questions covering all exam topics. Start free — no signup required.
Take the Free North Carolina Quiz →