Contracts
The North Carolina Offer to Purchase and Contract is a standard form approved by:
AThe North Carolina Department of Justice
BThe North Carolina Bar Association and NC REALTORS✓ Correct
CThe North Carolina Real Estate Commission only
DThe Federal Housing Authority
Explanation
The standard Offer to Purchase and Contract used in North Carolina is a jointly approved form by the North Carolina Bar Association and NC REALTORS.
Related North Carolina Contracts Questions
- A 'novation' in a NC real estate contract replaces:
- The standard North Carolina Offer to Purchase and Contract form is jointly approved by which organizations?
- Which of the following would make a real estate contract VOID (not merely voidable) in North Carolina?
- A 'material breach' of a NC real estate contract gives the non-breaching party the right to:
- A contract for the sale of real estate in North Carolina must be in writing to be enforceable under:
- In NC, the earnest money deposit on a residential purchase is typically held by:
- An NC 'letter of intent' (LOI) in a commercial real estate transaction is generally:
- Under NC's Residential Rental Agreements Act, a residential lease for more than 1 year that is NOT in writing is:
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