301- NC Post Licensing Exam Questions & Answers [RATED 100%]
6 views 0 purchase
Course
301- NC Post licensing
Institution
301- NC Post Licensing
301- NC Post Licensing Exam Questions
& Answers [RATED 100%]
301- NC Post Licensing Exam Questions
& Answers [RATED 100%]
Does the WWREA brochure have an option for Seller Sub Agency? - Answer Yes.
it is a check box on the last page
How many days before disputed Earnest Monies ...
301- NC Post Licensing Exam Questions
& Answers [RATED 100%]
, 301- NC Post Licensing Exam Questions
& Answers [RATED 100%]
Does the WWREA brochure have an option for Seller Sub Agency? - Answer ✓✓Yes.
it is a check box on the last page
How many days before disputed Earnest Monies go to Clerk of Court? - Answer ✓✓90
Days
If a Seller refuses to pay the listing agent commission due, and there was a valid listing
agreement in place, and the agent procured a buyer, what can the listing agent do? -
Answer ✓✓File suit in a civil court against the Seller
If a Seller refuses to sign an offer for less than list price, is a commission due? - Answer
✓✓No. It is not due, until Seller agrees upon the price and signs
A CMA is not a representation of Value but is a? - Answer ✓✓Representation of a
range of suggested selling price
A listing agreement is said to be what, if the principle dies during the agreement? -
Answer ✓✓Automatically Terminated
May a BIC and their Provisional Broker enter into dual agency together? - Answer ✓✓
No. Because the BIC oversees the PBs transactions, this would be a conflict of interest
May a principle be held responsible for mis-information as it relates to a material fact? -
Answer ✓✓Yes. Typically civilly or criminally
May a Principle refuse to sign the WWREA? - Answer ✓✓Yes. Agent just needs to
write "Refused to sign"
All Agency Agreements must include what disclaimer? - Answer ✓✓Fair Housing
Disclaimer
All Oral Agency Agreements are...? - Answer ✓✓Non-Exclusive
Are all in-house transactions Dual Agency? - Answer ✓✓No. The exceptions would be
Seller Sub Agency or Unrepresented Buyers
As a dual agent, the agent's duties are reduced to what? - Answer ✓✓Contractual
Obligations
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller QuizGuider82. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.49. You're not tied to anything after your purchase.
