8/20/26, 11:46 AM SUPERIOR NC REAL ESTATE FINAL EXAM ACTUAL EXAM 2026 | ALL QUESTIONS AND CORRECT ANSWERS | VERIFIED A…
SUPERIOR NC REAL ESTATE FINAL EXAM
ACTUAL EXAM 2026 | ALL QUESTIONS AND
CORRECT ANSWERS | VERIFIED ANSWERS |
BRAND NEW VERSION!
Terms in this set (23)
Activities Requiring a License Persons AND business entities, who for
CONSIDERATION or the promise thereof perform
BROKERAGE ACTIVITIES as an agent FOR OTHERS
are considered to be performing brokerage
activities and must have a license.
Referrals for compensation Requires an active license
Selling time shares Requires an active license
https://quizlet.com/1200614379/superior-nc-real-estate-final-exam-actual-exam-2026-all-questions-and-correct-answers-verified-answers-brand-new-v… 1/8
, 8/20/26, 11:46 AM SUPERIOR NC REAL ESTATE FINAL EXAM ACTUAL EXAM 2026 | ALL QUESTIONS AND CORRECT ANSWERS | VERIFIED A…
Advertising In ANY manner (to include a business card),
requires an active license
Business Entities/Firm License ANY corporation, partnership, Limited Liability
Company, association or other business entity
(other than a sole proprietorship) MUST obtain a
separate (firm) license.
Exempt Activities -Business entity
-Attorney in Fact
-Attorney at Law
-Receiver/Trustee
-Salaried Employees of Broker-Property Managers
-Owner
-Housing Authority
-Auctioneer (the mere "crier" of a sale is exempt
Permitted Activities of Unlicensed -SHOW "rental" properties managed by the
Assistants employee's empoying broker to prospective
tenants
-COMPLETE and execute pre-printed form leases
for rental of such properties
-TYPE offers, contracts & leases from drafts of pre-
printed forms completed by a licensee.
-MAY act as a bookkeeper for the firm's Trust
Account
What kind of license do I need? There is only one "type" of license in NC, a broker
license; however, there are several license
categories.
https://quizlet.com/1200614379/superior-nc-real-estate-final-exam-actual-exam-2026-all-questions-and-correct-answers-verified-answers-brand-new-v… 2/8
SUPERIOR NC REAL ESTATE FINAL EXAM
ACTUAL EXAM 2026 | ALL QUESTIONS AND
CORRECT ANSWERS | VERIFIED ANSWERS |
BRAND NEW VERSION!
Terms in this set (23)
Activities Requiring a License Persons AND business entities, who for
CONSIDERATION or the promise thereof perform
BROKERAGE ACTIVITIES as an agent FOR OTHERS
are considered to be performing brokerage
activities and must have a license.
Referrals for compensation Requires an active license
Selling time shares Requires an active license
https://quizlet.com/1200614379/superior-nc-real-estate-final-exam-actual-exam-2026-all-questions-and-correct-answers-verified-answers-brand-new-v… 1/8
, 8/20/26, 11:46 AM SUPERIOR NC REAL ESTATE FINAL EXAM ACTUAL EXAM 2026 | ALL QUESTIONS AND CORRECT ANSWERS | VERIFIED A…
Advertising In ANY manner (to include a business card),
requires an active license
Business Entities/Firm License ANY corporation, partnership, Limited Liability
Company, association or other business entity
(other than a sole proprietorship) MUST obtain a
separate (firm) license.
Exempt Activities -Business entity
-Attorney in Fact
-Attorney at Law
-Receiver/Trustee
-Salaried Employees of Broker-Property Managers
-Owner
-Housing Authority
-Auctioneer (the mere "crier" of a sale is exempt
Permitted Activities of Unlicensed -SHOW "rental" properties managed by the
Assistants employee's empoying broker to prospective
tenants
-COMPLETE and execute pre-printed form leases
for rental of such properties
-TYPE offers, contracts & leases from drafts of pre-
printed forms completed by a licensee.
-MAY act as a bookkeeper for the firm's Trust
Account
What kind of license do I need? There is only one "type" of license in NC, a broker
license; however, there are several license
categories.
https://quizlet.com/1200614379/superior-nc-real-estate-final-exam-actual-exam-2026-all-questions-and-correct-answers-verified-answers-brand-new-v… 2/8
