Prior to receiving final plat approval, which action is permissible?

Prepare for the North Carolina Post Licensing 302 Exam. Enhance your understanding with comprehensive study materials, flashcards, and practice questions. Boost your confidence and get ready to ace your exam!

Prior to receiving final plat approval, writing contracts and taking reservations is permissible because it allows developers or sellers to gauge interest in properties even before the official approval process is completed. This activity does not involve the transfer of property ownership or conveyance of real estate, which can't occur legally until the final plat has been approved and recorded. It allows potential buyers to secure a spot in line for purchasing property once approval is granted, facilitating efficient transactions after the final steps are complete.

On the other hand, transferring property ownership, conveying full ownership to buyers, or closing transactions are actions that require legal standing that can only be obtained after the final plat approval is secured, ensuring compliance with local regulations and facilitating necessary inspections and clearances. Therefore, engaging in writing contracts and taking reservations aligns with the legal limitations surrounding property sales prior to final plat approval.

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