N.C. Gen. Stat. § 47E-8
Agent's duty
Redline — December 1, 2021 → current.View current text →
Current — April 1, 2022
As of December 1, 2021
A real estate broker acting as an agent in a residential real estate transaction has the duty to inform each of the clients of the real estate broker of the client's rights and obligations under this Chapter. Provided the owner's real estate broker has performed this duty, the broker or salesman shall not be responsible for the owner's willful refusal to provide a prospective purchaser with a residential property disclosure statement, the mineral and oil and gas rights mandatory disclosure statement, or an owners' association and mandatory covenants disclosure statement. Nothing in this Chapter shall be construed to conflict with, or alter, the broker's duties under Chapter 93A of the General Statutes.
A real estate broker acting as an agent in a residential real estate transaction has the duty to inform each of the clients of the real estate broker of the client’s rights and obligations under this Chapter. Provided the owner’s real estate broker has performed this duty, the broker or salesman shall not be responsible for the owner’s willful refusal to provide a prospective purchaser with a residential property disclosure statement, the mineral and oil and gas rights mandatory disclosure statement, or an owners’ association and mandatory covenants disclosure statement. Nothing in this Chapter shall be construed to conflict with, or alter, the broker’s duties under Chapter 93A of the General Statutes.
History
(1995, c. 476, s. 1; 1997-472, s. 4; 2011-362, s. 3(f); 2014-120, s. 49(a).)
Effect of Amendments. - Session Laws 2011-362, s. 3(f), effective January 1, 2012, and applicable to real estate transfers or dispositions occurring on or after that date, added "or an owners' association and mandatory covenants disclosure statement" in the second sentence.
Session Laws 2014-120, s. 49(a), effective January 1, 2015, deleted "or salesman" following "broker" throughout and inserted "the mineral and oil and gas rights mandatory statement" and made minor stylistic changes. See Editor's note for applicability.
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.