North Carolina License of Property for Advertising by use of a Wall of a Building
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FAQ
The delivery of instruments rule requires brokers to give their clients copies of documents including agency agreements, contracts, leases, rental agreements, options or other related transactions within three days of the broker's receipt of the documents.
If you are trying to sell your home in the Tar Heel State, you might have heard about the required disclosures you must make to potential buyers. North Carolina law mandates that sellers identify any known defects in their property before a purchase contract is signed.
While the non-resident limited broker will remain affiliated with his/her out of state real estate company and will not have a North Carolina broker-in-charge, the non-resident licens- ee must enter into a notification of broker affiliation and a brokerage cooperation agreement with a resident North Carolina broker
Which of the following situations would not result in the initiation of a licensing action against a licensee ? A salesperson does not present an offer to the seller after the seller has accepted a previous offer.
North Carolina is a 'Buyer Beware' state, meaning it is your responsibility as a buyer to do your due diligence and know everything possible about what you are buying2026 the seller is under no obligation based on our NC Purchase contract to make any repairs. Properties are sold 'As-Is' unless negotiated otherwise.
North Carolina requires brokers to disclose noises, odors, smoke, or other nuisances from commercial, industrial, or military sources that affect the property. Someone dying in a home does not need to be disclosed during a sale: including suicides, accidents, or violent crimes (yes, even if it was murder).
Dealing With Defects Legally As a last resort, a homeowner may file a lawsuit against the seller within a limited amount of time, known as a statute of limitations. Statutes of limitations are typically two to 10 years after closing.
North Carolina courts have clearly recognized caveat emptor when it comes to real property in our state. Cases have ranged from structural integrity and the right to use an access easement to acreage and square footage.
DELIVERY OF INSTRUMENTS (a) Except as provided in Paragraph (b) of this Rule, every broker shall deliver a copy of any written agency agreement, contract, offer, lease, rental agreement, option, or other related transaction document to their customer or client within three days of the broker's receipt of the