Legal Q&A Topic: Real Estate License Law/Rules

• What do REALTORS® need to do when selling their own home?
• Can a buyer’s agent submit an offer directly to the seller?
• What happens when the listing firm, seller, and buyer all claim the Earnest Money Deposit?
• Can I do business as a sole proprietor while I’m setting up an LLC?
• Can I use my firm’s trust account for my own rental properties?
• What happens to a listing agreement when the listing agent dies?
• Can brokers advertise a “Free Home Valuation”?
• Can property damage be a material fact even if the damage has been fully remediated?
• Can a buyer pay a due diligence fee in cash?
• Is a back-up contract a material fact?
• Do I need a BIC for my new office?
• Prospective Clients and the Working with Real Estate Agents Form
• Do I need to be the BIC of an LLC set up to receive sales commissions?
• Can a broker make an offer on her own listing?
• Can a client make changes to the pre-printed language on a NC REALTORS© form?
• Can I use a last name different from the one on my real estate license for advertising?
• Do buyer agents have a duty to verify square footage information?
• Legal Quiz: Popular Q&As (May 2016)
• If my LLC joins a “team”, do I need to designate myself as broker-in-charge?
• Do I have to retain copies of my Facebook posts describing my listings?
• What are the rules for the delivery of Short Sale offers?
• Do I have to report criminal charges to the Real Estate Commission?
• TRID – Agent’s duty to review Closing Disclosures
• Data security laws and keeping copies of client checks