Contracts
The Offer to Purchase and Contract in North Carolina is a standardized form jointly approved by which organizations?
ANCREC and the NC Bar Association
BNC Association of REALTORS and the NC Bar Association✓ Correct
CNCREC and the NC Association of REALTORS
DFannie Mae and the NC Bar Association
Explanation
The standard NC Offer to Purchase and Contract (Form 2-T) is jointly approved by the NC Association of REALTORS (NCAR) and the NC Bar Association to ensure legal compliance and practical usability.
Related North Carolina Contracts Questions
- A NC real estate contract becomes 'binding' when:
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