Agency
When must a North Dakota licensee provide the agency disclosure form to a prospective buyer?
AAt closing
BBefore writing an offer
CAt the first substantial contact✓ Correct
DOnly when requested by the buyer
Explanation
North Dakota requires licensees to provide the agency disclosure at the first substantial contact with a prospective buyer or seller, so that parties understand the nature of the agency relationship from the outset.
Related North Dakota Agency Questions
- In North Dakota, a listing agreement that automatically renews for successive periods unless cancelled is called:
- In North Dakota, a buyer's broker who is paid by the listing broker through a commission split is:
- Which of the following illustrates the duty of 'accounting' owed by a North Dakota real estate agent to their client?
- When a North Dakota buyer's agent presents a buyer's counteroffer to the seller's agent, the buyer's agent should:
- Under North Dakota law, an agency relationship with a buyer is typically created when:
- A North Dakota listing agent who accepts a buyer's offer without first presenting it to the seller has violated:
- A North Dakota agent who tells a buyer 'this is the best house in Fargo, don't miss out' without factual basis is engaging in:
- In North Dakota, the 'Realtor Code of Ethics' applies to:
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 →