Prohibited Real Estate Practices in North Carolina

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question 1 of 3

As a real estate agent, Daniel is representing both Linda and Kay. Linda is selling her home, and Kay, who is a long-time client of Daniel's firm, wants to purchase Linda's home. Daniel decides not to tell Linda that he is also representing the buyer. How is this a conflict of interest?

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1. For which category must a real estate agent in North Carolina fulfill duties for?

2. Which of the following defines self-dealing in real estate?

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About This Quiz & Worksheet

Find out what you understand about North Carolina prohibited real estate practices. Answer interactive questions on topics like a conflict of interest and who a real estate agent is bound by in the state.

Quiz & Worksheet Goals

You'll be responsible for answering questions on these key points:

  • Self-dealing in real estate
  • The disclosure of information from agents and brokers
  • What a false promise means in real estate

Skills Practiced

  • Reading comprehension - ensure that you draw the most important information from the related lesson on North Carolina prohibited real estate practices
  • Information recall - access the knowledge you've gained regarding conflict of interest in real estate
  • Defining key concepts - ensure that you can accurately define main phrases, such as false promise and self-dealing

Additional Learning

Use the accompanying lesson called Prohibited Real Estate Practices in North Carolina for more on these areas of study:

  • Why real estate legislation is necessary
  • Different kinds of prohibited practices in real estate
  • Examples of conflict of interest
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