Agency
Under NC law, an agency relationship created through the conduct of the parties (rather than a written agreement) is called:
AExpress agency
BImplied agency✓ Correct
CDesignated agency
DOstensible agency
Explanation
Implied agency arises from the conduct, actions, and circumstances of the parties rather than an explicit written or verbal agreement — a broker who acts as if they represent a buyer creates an implied agency.
Related North Carolina Agency Questions
- A NC agent who advises their buyer client to offer a lower price because the seller needs to sell quickly — using seller motivation information the agent gained as a transaction facilitator — has violated the duty of:
- In NC, a 'limited service agreement' with a seller allows the broker to:
- A NC buyer's agent who discovers the property has a history of flooding that was not disclosed on the Seller Disclosure should:
- Which agency relationship is created when a North Carolina broker shows a buyer a property that the broker also has listed for the seller?
- A North Carolina buyer's agent owes which of the following fiduciary duties to the buyer?
- In North Carolina, a seller's agent owes which duties to the buyer?
- In NC, 'subagency' in a real estate transaction traditionally means:
- 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:
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 →