NC Post-Licensing 303 Exam Questions
and Answers 2026/2027 |Already
Graded A+| Verified and Updated
Alex is a licensed broker at Burr Realty in Greensboro, North Carolina.
One of his responsibilities is to notify NCREC if there are any major
changes with the brokerage, like name, address, or key personnel
changes. Based on this information, what position does Alex hold? -
correct answer -Qualified broker
Terry is a North Carolina broker whose license was revoked nine months
ago. Which of the following is NOT required for his license to be
reinstated? - correct answer -Completing the 75-hour pre-licensing
education course
-To have a revoked license reinstated, a post-licensing course is
required, along with a reinstatement application, reinstatement fee,
and passing the licensing exams. The pre-licensing course is NOT
required of a reinstatement that's occurring fewer than two years after
the revocation.
,Which of the following scenarios accurately represents your
environmental disclosure responsibility as a real estate licensee? -
correct answer --You must disclose all known environmental hazards for
both residential and commercial properties.
Tenant Christina's landlord locked her out of her apartment after she
filed a complaint against him with the North Carolina Civil Rights
Division. Under what circumstances would state law presume that the
landlord's actions were retaliatory? - correct answer -If she complained
about the landlord within the 12 months prior to him evicting her.
Which of the following statements is true regarding a tenant's
indemnity? - correct answer -A tenant's indemnity is usually limited to
issues on the leased premises and doesn't include claims or losses that
arise from the landlord's or the landlord's agents' negligence or willful
misconduct.
When it comes to preparing commercial purchase contracts, which of
the following is a true statement? - correct answer -Licensees can only
use standard forms.
, North Carolina property manager Raquel has a tenant whose lease has
expired, but who won't leave. The property owner wants Raquel to
begin the eviction process. Is Raquel allowed to comply with this
request? - correct answer --Yes. The property owner or an agent, like
Raquel, who's working on behalf of the property owner may initiate
legal action for the eviction process.
Which of the following are North Carolina agents NOT required to
identify as potential areas of concern for potential buyers? - correct
answer -HVAC efficiency
Rebecca is a trustee in a bankruptcy case, and is performing real estate
activities under a court order as part of her trustee duties. She'll be
compensated for her role in these activities. Does Rebecca need a North
Carolina real estate license? - correct answer --No. Rebecca qualifies for
the exemption for persons acting under a court order, and therefore
doesn't need a license
Listing agents in North Carolina who use the standard NCAR agency
agreement form should be sure to clearly disclose any compensation-
sharing limitations if their firm restricts with whom they share
and Answers 2026/2027 |Already
Graded A+| Verified and Updated
Alex is a licensed broker at Burr Realty in Greensboro, North Carolina.
One of his responsibilities is to notify NCREC if there are any major
changes with the brokerage, like name, address, or key personnel
changes. Based on this information, what position does Alex hold? -
correct answer -Qualified broker
Terry is a North Carolina broker whose license was revoked nine months
ago. Which of the following is NOT required for his license to be
reinstated? - correct answer -Completing the 75-hour pre-licensing
education course
-To have a revoked license reinstated, a post-licensing course is
required, along with a reinstatement application, reinstatement fee,
and passing the licensing exams. The pre-licensing course is NOT
required of a reinstatement that's occurring fewer than two years after
the revocation.
,Which of the following scenarios accurately represents your
environmental disclosure responsibility as a real estate licensee? -
correct answer --You must disclose all known environmental hazards for
both residential and commercial properties.
Tenant Christina's landlord locked her out of her apartment after she
filed a complaint against him with the North Carolina Civil Rights
Division. Under what circumstances would state law presume that the
landlord's actions were retaliatory? - correct answer -If she complained
about the landlord within the 12 months prior to him evicting her.
Which of the following statements is true regarding a tenant's
indemnity? - correct answer -A tenant's indemnity is usually limited to
issues on the leased premises and doesn't include claims or losses that
arise from the landlord's or the landlord's agents' negligence or willful
misconduct.
When it comes to preparing commercial purchase contracts, which of
the following is a true statement? - correct answer -Licensees can only
use standard forms.
, North Carolina property manager Raquel has a tenant whose lease has
expired, but who won't leave. The property owner wants Raquel to
begin the eviction process. Is Raquel allowed to comply with this
request? - correct answer --Yes. The property owner or an agent, like
Raquel, who's working on behalf of the property owner may initiate
legal action for the eviction process.
Which of the following are North Carolina agents NOT required to
identify as potential areas of concern for potential buyers? - correct
answer -HVAC efficiency
Rebecca is a trustee in a bankruptcy case, and is performing real estate
activities under a court order as part of her trustee duties. She'll be
compensated for her role in these activities. Does Rebecca need a North
Carolina real estate license? - correct answer --No. Rebecca qualifies for
the exemption for persons acting under a court order, and therefore
doesn't need a license
Listing agents in North Carolina who use the standard NCAR agency
agreement form should be sure to clearly disclose any compensation-
sharing limitations if their firm restricts with whom they share
