North Carolina General Statutes 47E-8. Agent’s duty
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 N.C. Gen. Stat.. ?(1995, c. 476, s. 1; 1997-472, s. 4; 2011-362, s. 3(f); 2014-120, s. 49(a).)
Terms Used In North Carolina General Statutes 47E-8
- Owner: means each person having a recorded present or future interest in real estate that is identified in a real estate contract subject to this Chapter; but shall not mean or include the trustee in a deed of trust, or the owner or holder of a mortgage, deed of trust, mechanic's or materialman's lien, or other lien or security interest in the real property, or the owner of any easement or license encumbering the real property. See North Carolina General Statutes 47E-3
- property: shall include all property, both real and personal. See North Carolina General Statutes 12-3
- Purchaser: means each person or entity named as "buyer" or "purchaser" in a real estate contract subject to this Chapter. See North Carolina General Statutes 47E-3