More NC Laws And Basic House Construction Flashcards
1
Q
Oral buyer agency must be transferred to written form when?
A
Before the offer
2
Q
In regards to Condos and Time-Shares…
The purchaser has the right to cancel in writing within _____ after execution of the contract.
A
Condos: 7 days
Time-Shares: 5 days
3
Q
How soon does earnest money need to be deposited?
A
3 banking days after acceptance of the contract.
4
Q
How much personal money can be in a trust account?
A
100$
5
Q
When does 3 year recordation process begin?
A
Upon last activity with said client
6
Q
Tax rates done …..
A
Every year
7
Q
Tax VALUE redone every…
A
8 years
8
Q
JY monk
A
Test
