For which of the following situations is the owners association disclosure addendum not used?

16.Which of the following provisions in the North Carolina Offer to Purchase and Contract should

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Unit 3 ExamFirst Attempt1.A private drinking water well on North Carolina seller Jo’s property was installed in 2019. What does

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2.Which of the following provisions are covered in the North Carolina Offer to Purchase and Contract

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3.New North Carolina broker Reed is reviewing the 2-T and 12-T forms, trying to memorize the

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4.North Carolina seller Jake received an offer on his property. His listing broker, Victoria, updated theMLS listing to note that the property was under contract, as that MLS required. Which of the

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5.Which of the following pieces of information must be provided in North Carolina’s Loan Assumption

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6.North Carolina’s FHA/VA Financing Addendum states that if there’s a conflict between the contract

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7.Which of the following provisions from the Offer to Purchase and Contract, Standard Form 2-T areNOT included in the Offer to Purchase and Contract – Vacant Lot/Land, Standard Form 12-T?

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8.Which of the following statements about North Carolina’s Offer to Purchase and Contract – VacantLots/Land, Standard Form 12-T, is true?T

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9.In North Carolina’s Owners' Association Disclosure Addendum, any representations the seller

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10.On which of the following properties is the Lead-Based Paint or Lead-Based Paint Hazard

For which of the following situations is the owners association disclosure addendum not used?

Form Name:

Addendum for Property Subject to Mandatory Membership in a Property Owners Association (Form ID: 36-9)

Effective Date:

04/01/2021

Description:

This Addendum is used when there is a required membership in a property owners association tied to the property and allows the Buyer to elect to receive or not to receive information concerning the details of an owner's association. Not for use with condominiums. To view recent changes made to this form, see Redline 36-9.

Related Terms:

Contracts, Forms & Applications, Contract Addenda, Real Estate Sales Agent, Real Estate Broker Individual, Business Entity Broker

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Who is to complete the effective date quizlet?

Terms in this set (20) Who is responsible for filling in the effective date? The broker. This date is also the effective date of the option period. the money must be deposited in a trust account by the close of the business of the second business day after the effective date of the contract.
How is procuring cause related to a protection agreement in North Carolina? The period of time in the protection clause is only applicable if the licensee is the procuring cause. The protection agreement is invalidated if the licensee is the procuring cause.

What is the common disposition of a listing when the listing agent moves to another agency?

What is the common disposition of a listing when the listing agent moves to another agency? The listing stays with the broker. Which type of listing allows a seller to sell the property himself or herself without having to pay any commission to any broker? Licensee Jones is in the process of closing on a sale.