Agency
Under NC real estate license law, a broker who represents themselves as having expertise they do not possess may be liable for:
AOnly a license violation
BMisrepresentation or fraud, and a license law violation✓ Correct
CNo liability if the client does not rely on the claim
DOnly ethical censure from the local REALTOR board
Explanation
A broker who falsely claims expertise may be liable for misrepresentation or fraud if a client relies on that claim to their detriment, in addition to potential NCREC disciplinary action.
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