Which statement about commission rules is NOT correct?

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The statement about commission rules that is NOT correct is that it's necessary to notify the North Carolina Real Estate Commission (NCREC) within 30 days of changing name or address. In reality, real estate professionals are required to notify the NCREC within 10 days of any change in their name or address. This timeframe is crucial because the NCREC needs updated information to maintain accurate records of licensed real estate practitioners. Failing to adhere to the 10-day requirement could lead to administrative issues or even disciplinary actions.

The other statements reflect accurate requirements. For instance, notification of a DWI conviction within 60 days is an essential part of maintaining transparency and compliance with licensing laws. Additionally, provisional brokers are prohibited from acting as Brokers-in-Charge unless certain conditions are met, and it is indeed a rule that all advertising must include the firm or the Broker-in-Charge's name to ensure professional accountability and consumer protection.

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