How can a buyer terminate a buyer agency agreement in North Carolina?

Study for the North Carolina Post Licensing 301 Exam. Prepare with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your test!

In North Carolina, a buyer can terminate a buyer agency agreement by providing written notice to the broker. This requirement underscores the importance of formal communication in legal agreements. Written notice creates a clear record of the buyer's intent to terminate the agreement, which protects both parties and helps avoid misunderstandings. This method also aligns with standard practices in real estate transactions, where documentation is crucial for clarity and accountability.

The other options may not have the same legal standing. Verbal communication lacks the formality and documentation necessary to affirmatively terminate an agreement and could lead to disputes over whether proper notice was given. Refusing to sign additional agreements does not constitute termination of the existing agreement; it merely indicates the buyer's unwillingness to continue certain negotiations. Allowing the agreement to expire naturally, while a possibility, does not actively terminate the agreement and can leave both parties in a state of uncertainty about their rights and obligations in the interim.

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