A North Carolina broker may be subject to disciplinary action for failing to deliver to...

Real Estate NCREC-Broker-N Question Answer

A North Carolina broker may be subject to disciplinary action for failing to deliver to their client a detailed and accurate closing statement. What obligation does the broker have if the settlement statement will be prepared by a settlement agent and provided at closing?

Ensure that the statement is delivered to the client at least three days before closing

Ensure that the statement is signed by both the buyer and the seller

Review the statement for accuracy and notify all parties to the closing of any errors

Have the statement notarized and recorded at the office of the register of deeds

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A North Carolina broker may be subject to disciplinary action for failing to deliver to...

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