Which type of fees can licensees accept for delivery?

Study for the North Carolina Post Licensing Test. Prepare with flashcards, multiple-choice questions, and detailed explanations. Enhance your readiness for the exam!

Due Diligence fees are the type of fees that licensees are permitted to accept for delivery. In real estate transactions, due diligence fees are typically paid by the buyer to the seller as a form of consideration for having the property taken off the market while the buyer conducts inspections and evaluates the property. This fee is aimed at giving buyers a specified period to perform their investigations without pressure, ensuring they can make informed decisions.

Moreover, the acceptance of due diligence fees is established within the guidelines of real estate practices and state regulations in North Carolina, especially to protect the rights of both buyers and sellers. The fee usually becomes part of the buyer's earnest money if the transaction proceeds to closing. This practice is both a standard part of the home buying process and an important tool for licensees to maintain professionalism and transparency with their clients.

In contrast, other options like inspection fees, closing disbursements, and survey payments involve different protocols and relationships that may not permit direct acceptance by the licensee. Understanding the appropriate circumstances and types of fees that can be handled helps ensure compliance with state regulations governing real estate transactions.

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