Contracts
A North Dakota agent who prepares a purchase agreement is performing which type of service?
ALegal advice that requires a law license
BFilling in standard form contracts as part of their licensed real estate activities✓ Correct
CAccounting services requiring CPA certification
DEngineering services
Explanation
North Dakota licensees are authorized to fill in blank spaces on standard, board-approved form contracts as part of their licensed real estate services. They are not practicing law, which would require a law license.
Related North Dakota Contracts Questions
- A North Dakota buyer places an offer contingent on the sale of their existing home. The seller counters with a '72-hour kick-out clause.' This gives the seller the right to:
- In North Dakota, which of the following is TRUE about consideration in a real estate contract?
- Under North Dakota contract law, 'accord and satisfaction' means:
- A North Dakota real estate purchase agreement that uses the phrase 'subject to seller's approval of buyer's credit' makes the agreement:
- A North Dakota seller accepts a buyer's offer and then receives a higher offer. Can the seller accept the second offer?
- In North Dakota, a purchase agreement contingency to sell the buyer's existing home protects the buyer by:
- A North Dakota property owner offers to sell their property by posting a sign in the yard with the price. Under contract law, this sign is considered:
- A North Dakota residential seller who receives multiple offers simultaneously should:
Practice More North Dakota Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free North Dakota Quiz →