Post Licensing 301 NC Study Questions | 100% Correct Answers | Verified | Latest 2024 Version

When must a seller's agent or subagent initially disclose agency status to a buyer? - before buyer and buyer's agent discuss motivation and financial information In dual agency, the agent's duties are _____ to being a facilitator - reduced What statement would require full disclosure of all financing terms in compliance with TILA, Reg Z and RESPA - any number amount triggers full disclosure: 4.5% APR or $2000 down A _____foreclosure is material fact and it must be______. - filed foreclosure; must be disclosed If it is not_______, you shouldn't be talking about it. - material fact T/F AS-IS relieves seller from disclosing material fact - F, AS-IS does not relieve requirement to disclose material fact name 10 material fact required disclosures - stucco, radon, lead-based paint, filed foreclosure, zoning, flood plains, meth houses, gravesites, pending highways, asbestos siding