North Dakota License Law
A North Dakota real estate broker must ensure that all written offers to purchase are presented to the seller:
AOnly during normal business hours
BPromptly, even if the broker believes the offer is unacceptable✓ Correct
COnly after the listing broker has reviewed and approved the offer
DOnly if accompanied by earnest money
Explanation
A listing broker has a fiduciary duty to present all written offers to the seller promptly and without delay. The broker may not filter or withhold offers based on their personal judgment about acceptability.
Related North Dakota North Dakota License Law Questions
- A North Dakota broker must maintain transaction records for at least:
- A North Dakota licensee who is also a licensed insurance agent selling homeowner's insurance to their real estate clients must:
- A North Dakota broker who receives a commission in a real estate transaction where the buyer is unrepresented must disclose this to:
- Under NDCC Chapter 43-23, which of the following activities requires a North Dakota real estate license?
- A North Dakota real estate licensee is required to disclose which of the following to a prospective buyer?
- The NDREC website publishes the license status of North Dakota real estate licensees primarily to:
- A North Dakota salesperson wants to manage their own rental properties while employed by a broker. To do so without a broker's license, they need:
- What is the significance of the 'North Dakota Seller's Disclosure' form?
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 →