North Carolina — Disclosures (RPOADS & MOG) — North Carolina Real Estate — State Law Practice Test
14 questions in this topic · 14 drawn at random this round
Which of the following transfers is EXEMPT from North Carolina's RPOADS residential property disclosure requirement?
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This North Carolina Real Estate — State Law North Carolina — Disclosures (RPOADS & MOG) practice set has 14 practice questions based on the official exam materials, each with an instant explanation.
Sample questions
Three questions from the North Carolina — Disclosures (RPOADS & MOG) bank with the correct answer and an explanation. The practice quiz above draws 14 questions at random from the same bank.
Under North Carolina's Residential Property and Owners' Association Disclosure Act (G.S. Chapter 47E), which seller is required to deliver the RPOADS disclosure statement to the buyer?
- The owner of residential property of one to four dwelling units being sold on resale — Correct answer
- Only the seller of a commercial office building over four stories
- Only the seller of vacant land with no dwelling on it
- The buyer's broker, who must prepare and sign the statement for the seller
Explanation: RPOADS applies to the transfer (sale, exchange, option, lease with option to buy) of residential real property consisting of one to four dwelling units. The OWNER of such residential property on resale must complete and deliver the Residential Property and Owners' Association Disclosure Statement. It does not apply to commercial property or to vacant land with no dwelling. RPOADS(住宅及业主协会披露声明,Residential Property and Owners' Association Disclosure Statement): NC's mandatory seller disclosure form for 1-4 unit residential resales. (G.S. §47E-2, §47E-4)
Handbook: North Carolina Disclosures — RPOADS applies to owners of 1-4 unit residential property (NC Residential Property Disclosure Act, G.S. §47E-2)
On North Carolina's RPOADS disclosure statement, what does it mean when the seller checks the 'No Representation' box for a particular item?
- The seller is making no statement about that item's condition and is not required to disclose what they know about it on the form — Correct answer
- The seller is certifying that the item is in perfect working condition
- The buyer waives all inspection rights as to that item
- The item is automatically excluded from the sale and removed by the seller
Explanation: Uniquely under NC's RPOADS, for any item the seller may answer 'No Representation,' which means the seller is choosing to make NO statement about that item's condition — the seller is not promising anything and is not required to disclose what they know about that specific item on the form. NC's disclosure regime is therefore largely 'buyer beware' as to items marked No Representation. (This does NOT eliminate a broker's separate material-fact duty — see other items.) No Representation(不作陈述): the seller declines to represent the condition of that item. (G.S. §47E-4(b))
Handbook: North Carolina Disclosures — RPOADS 'No Representation' option lets the seller make no statement on an item (G.S. §47E-4(b))
When must a North Carolina seller deliver the RPOADS disclosure statement to a prospective buyer?
- At or before the time the buyer makes an offer to purchase the property — Correct answer
- Only at the closing/settlement table, just before the deed is delivered
- Within 30 days after closing, by certified mail
- Only if the buyer specifically asks for it in writing
Explanation: The seller must deliver the RPOADS disclosure statement to the buyer no later than the time the buyer makes an offer to purchase, exchange, or option the property (i.e., at or before the offer). Delivering it after a contract is formed triggers the buyer's statutory right to cancel. Disclosure timing(披露时机): at or before the buyer's offer. (G.S. §47E-5)
Handbook: North Carolina Disclosures — RPOADS must be delivered at or before the buyer's offer (G.S. §47E-5)