Which of the following statements is accurate regarding road maintenance in North Carolina?

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In North Carolina, it's important for real estate professionals to be aware of their obligations regarding the maintenance responsibilities of streets. The accurate statement regarding road maintenance is that the licensee must disclose street maintenance responsibilities.

This means that when selling or renting properties, real estate agents are required to inform potential buyers or tenants about who is responsible for maintaining the streets that provide access to their property. This requirement is important because it impacts the prospective owner's understanding of their duties and potential costs associated with road maintenance. Well-maintained streets can significantly affect property value and the overall livability of an area, hence transparency in this aspect is crucial.

Disclosing street maintenance responsibilities ensures that buyers and tenants have a clear understanding of potential liabilities, helping them make informed decisions regarding their property investments. It reinforces the principle of full disclosure that is central to real estate transactions, contributing to ethical practices within the industry.

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