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301- NC Post Licensing Exam Questions & Answers [RATED 100%] $10.49
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301- NC Post Licensing Exam Questions & Answers [RATED 100%]

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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 ...

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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

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