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Post licensing 301 NC study questions with 100% Verified Answers

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Post licensing 301 NC study questions with 100% Verified Answers Post licensing 301 NC study questions with 100% Verified Answers What triggers TILA, Reg Z or Respa - Answer any # figure like $4000 down or 4.5 APR When first substantial contact has occurred, how long do you hav...

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  • September 13, 2024
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • post licensing 301 nc study questions with 100 v
  • what triggers tila reg z or respa answer any
  • when first substantial contact has occurred how l

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  • POST 301
  • POST 301

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Post licensing 301 NC study questions
with 100% Verified Answers

, Post licensing 301 NC study questions
with 100% Verified Answers
What triggers TILA, Reg Z or Respa - Answer ✓✓any # figure like $4000 down or 4.5
APR

When first substantial contact has occurred, how long do you have to get WWREA
signed? - Answer ✓✓3 days

When is the last time to sign WWREA with a seller at a listing appointment? - Answer ✓
✓Before the listing presentation begins and before first substantial contact occurs

A buyer's agent owes the principal - Answer ✓✓all duties imposed by agency law, work
in buyers best interest and obtain best deal possible for buyer

A sellers agent or-------must disclose their----------before------------ - Answer ✓✓seller's
subagent; agency status; discussing motivation or financial information

agent breach in listing allows the seller to.... - Answer ✓✓terminate the listing contract

designated dual agency means what can continue - Answer ✓✓agent can continue to
provide counsel and advise

Do I need a recorded plat map for initial listing meeting? - Answer ✓✓No

Does filed foreclosure need to be disclosed? - Answer ✓✓Yes, it is a material fact

If broker secures listing after looking for their buyer but discloses to neither side about
their agency status, will they get paid? - Answer ✓✓No, undisclosed dual agency is not
permissible and therefore compensation is not required

5 things needed for initial listing mtg for advertising - Answer ✓✓CCR's
HOA bylaws
HOA dues
special assessments
liens information

A _____foreclosure is material fact and it must be______. - Answer ✓✓filed
foreclosure; must be disclosed

A BIC supervises - Answer ✓✓PB and advertising

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