North Carolina — Agency & WWREA Disclosure — North Carolina Real Estate — State Law Practice Test

This North Carolina Real Estate — State Law North Carolina — Agency & WWREA Disclosure practice set has 18 practice questions based on the official exam materials, each with an instant explanation.

Sample questions

Three questions from the North Carolina — Agency & WWREA Disclosure bank with the correct answer and an explanation. The practice quiz above draws 18 questions at random from the same bank.

1. In North Carolina, when must a broker first review the 'Working With Real Estate Agents' (WWREA) Disclosure with a prospective buyer or seller?

   • At first substantial contact, before the consumer shares confidential information — Correct answer
   • Only at the closing table, when the deed is delivered
   • Within three banking days after the broker deposits the earnest money
   • After a written offer to purchase has been accepted by both parties

   Explanation: NCREC requires the broker to review the WWREA Disclosure with the consumer at FIRST SUBSTANTIAL CONTACT — before the consumer discloses confidential information (price, motivation, financial position). It must be REVIEWED, not merely handed over or emailed. WWREA（与房地产经纪人合作披露）: a mandatory NC agency disclosure reviewed at first substantial contact; it is a disclosure, NOT a contract. (NCREC Rule 21 NCAC 58A .0104; N.C.G.S. §93A)

   Handbook: North Carolina Agency — WWREA disclosure timing at first substantial contact (Rule 21 NCAC 58A .0104)

2. A North Carolina buyer reviews and signs the 'Working With Real Estate Agents' Disclosure presented by a broker. What has the buyer's signature legally accomplished?

   • It only acknowledges the disclosure was reviewed; it does not create an agency relationship — Correct answer
   • It forms a binding exclusive buyer-agency contract with that broker
   • It obligates the buyer to pay that broker a commission on any home purchased
   • It transfers the listing agreement from the seller's broker to the buyer

   Explanation: Signing the WWREA Disclosure only ACKNOWLEDGES that the broker reviewed it; it does NOT create an agency relationship, does not obligate the buyer to use that broker, and is not a buyer-agency contract. Agency is created by a separate agreement. WWREA（与房地产经纪人合作披露）: an acknowledgment of disclosure, not a contract; the buyer's signature does not form agency. (NCREC Rule 21 NCAC 58A .0104)

   Handbook: North Carolina Agency — WWREA is a disclosure, not a contract (Rule 21 NCAC 58A .0104)

3. Under North Carolina rules, a buyer-agency agreement may be ORAL up to a certain point. By when must it be reduced to writing?

   • No later than the time the buyer is ready to make a written offer to purchase — Correct answer
   • Never — buyer agency in North Carolina may remain oral through closing
   • Within 30 days after the buyer first contacts the broker
   • Only after the seller accepts the buyer's offer

   Explanation: NC permits an oral (express but unwritten) buyer-agency agreement, but it MUST be put in writing no later than the time the buyer is ready to make an offer to purchase. (Listing/seller-agency agreements, by contrast, must be in writing from the outset.) Buyer-agency agreement（买方代理协议）: in NC may be oral until the buyer is ready to make an offer, then must be written. (NCREC Rule 21 NCAC 58A .0104)

   Handbook: North Carolina Agency — Oral buyer agency must be written before an offer (Rule 21 NCAC 58A .0104)