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NC 302 Postlicensing Contracts & Closings Regarding Retention of Records 58A.108, a broker must provide copies of transaction documents: A) Within a day of receiving B) Within 3 days of receiving C) Within 5 days of receiving D) Within 14 days of receiving - ANSWER B) Within 3 days of receiving A broker must provide copies of transaction documents:- To the Firm or Sole Proprietorship (BIC) with which they are affiliated- Within 3 days NC 302 Postlicensing Contracts & Closings Regardi...

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24 pages

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The legal remedy to enforce the terms of contract? - ANSWER Specific Performance The essential elements of a contract? - ANSWER Offer and acceptance Competency Legal consideration *Not agency disclosure What is needed for a contract? - ANSWER Offer and acceptance Consideration Competency *Not Performance The law requires real estate contracts to be in writing to be enforceable? - ANSWER Statute of Frauds To assign a contract for sale of real property? - ANSWER Transfer o...

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