Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. A North Carolina broker listed a house for sale and advertised that it contained 3200 heated square feet based upon information provided by the

1. A North Carolina broker listed a house for sale and advertised that it contained 3200 heated square feet based upon information provided by the seller. The listing agent did not personally measure the house or otherwise attempt to verify the square footage. A broker at a cooperating firm showed the property to a buyer client who entered into a contract to purchase the property. A real estate appraisal later revealed that the house contained only 2000 heated square feet. The Real Estate Commission may discipline?

A. the listing agent for misrepresenting the square footage.

B. the buyer agent for not noticing and disclosing the square footage error

C. the listing agent for misrepresenting the square footage and the buyer agent for not noticing and disclosing the square footage error

D. No one, because the seller furnished the incorrect square footage information and the buyer agent is allowed to rely upon the information provided by the listing agent

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contract Law

Authors: Roger Halson

2nd Edition

1405858788, 978-1405858786

More Books

Students also viewed these Law questions