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Terms in this set (22)
- Acting for MORE THAN 1 CLIENT (in other words, acting as a dual agent) W/O the KNOWLEDGE & WRITTEN CONSENT of all clients to the transaction
- Representing ANYONE OTHER THAN their ASSOCIATED BROKER W/O that BROKER'S EXPRESS KNOWLEDGE & CONSENT.
- Licensees may only work on behalf of a BROKER who's not their associate broker by getting express permission from their associated broker.
- Representing ANYONE OTHER THAN their ASSOCIATED BROKER W/O that BROKER'S EXPRESS KNOWLEDGE & CONSENT.
- Licensees may only work on behalf of a BROKER who's not their associate broker by getting express permission from their associated broker.
- In every RE sales transaction, BROKERS must PROVIDE the PROSPECTIVE BUYER/ SELLER with a COPY of this publication, on which the BROKER'S NAME & LICENSE NUMBER are included.
- This publication is NOT a CONTRACT; signing it only acknowledges receiving the form.
- This disclosure is ONLY required for SALES TRANSACTIONS according to the Commissioner's Regulations.
- Brokers must present the publication at the broker's 1ST SUBSTANTIAL CONTACT with the Prospective Buyer or Seller (consumer).
- If 1ST SUBSTANTIAL CONTACT occurs via phone or other electronic communication during which it's not practical to provide the publication, then the broker must mail or otherwise transmit a copy of the publication at the earliest opportunity thereafter, but NEVER LATER THAN 3 DAYS AFTER the first substantial contact date. Then the broker must review the publication with the buyer or seller at the earliest practicable opportunity thereafter.
- This Publication is available on the COMMISSION'S WEBSITE or by request to the commission.
- These requirements DON'T APPLY to BROKERS REPRESENTING SELLERS in AUCTION SALES.
- NC LICENSEES must always USE the MOST CURRENT VERSION of this (and all) forms.
- This publication is NOT a CONTRACT; signing it only acknowledges receiving the form.
- This disclosure is ONLY required for SALES TRANSACTIONS according to the Commissioner's Regulations.
- Brokers must present the publication at the broker's 1ST SUBSTANTIAL CONTACT with the Prospective Buyer or Seller (consumer).
- If 1ST SUBSTANTIAL CONTACT occurs via phone or other electronic communication during which it's not practical to provide the publication, then the broker must mail or otherwise transmit a copy of the publication at the earliest opportunity thereafter, but NEVER LATER THAN 3 DAYS AFTER the first substantial contact date. Then the broker must review the publication with the buyer or seller at the earliest practicable opportunity thereafter.
- This Publication is available on the COMMISSION'S WEBSITE or by request to the commission.
- These requirements DON'T APPLY to BROKERS REPRESENTING SELLERS in AUCTION SALES.
- NC LICENSEES must always USE the MOST CURRENT VERSION of this (and all) forms.