Fair Housing, Practice, and Disclosures Practice Question
Question
A property manager asks how a rule affects a rental property for the North Carolina Real Estate Broker Exam involving environmental hazards and North Carolina Real Estate Commission. What should the licensee understand? (Item 12)
Answer choices
- A. The party who complains first automatically receives the remedy requested.
- B. Escrow or closing staff automatically assume all brokerage agency and disclosure duties.
- C. The client’s preference eliminates the need to disclose known material facts.
- D. Recognize issues such as mold, asbestos, radon, contamination, flood, or fire risk in a way that fits North Carolina exam practice.
Correct Answer
D. Recognize issues such as mold, asbestos, radon, contamination, flood, or fire risk in a way that fits North Carolina exam practice.
Explanation
The correct answer is D because environmental hazards requires candidates to recognize issues such as mold, asbestos, radon, contamination, flood, or fire risk. The North Carolina reference keeps the scenario tied to state licensing practice, while the other options rely on unsafe assumptions about oral custom, escrow, client preference, independent licensee authority, or ignoring written duties.
Question details
- Difficulty: hard
- Domain: Fair Housing, Practice, and Disclosures
- Objective: environmental hazards