NC 75-Hour Broker Pre licensing Course
Study Guide Questions and Answers |
Latest Version | 2025/2026 | Correct &
Verified
In North Carolina, who issues real estate licenses?
A. North Carolina Department of State
✔✔B. North Carolina Real Estate Commission
C. Department of Insurance
D. Real Estate Board of Appraisers
What is the minimum age to apply for a provisional broker license in NC?
✔✔A. 18
B. 19
C. 20
D. 21
Which of the following activities requires a real estate license in North Carolina?
A. Selling your own home
1
,B. Acting under power of attorney
✔✔C. Listing a property for a friend and receiving compensation
D. Buying investment property for yourself
Which of the following statements best describes a provisional broker in NC?
✔✔A. A licensee who must work under the supervision of a BIC
B. A licensee authorized to operate independently
C. A broker-in-charge candidate
D. A fully independent real estate investor
What is the purpose of the Working with Real Estate Agents (WWREA) disclosure form?
✔✔A. To inform consumers of agency relationships
B. To list all properties in MLS
C. To report fair housing violations
D. To schedule property inspections
Which of the following is true about dual agency in North Carolina?
A. It is illegal under all circumstances
2
,B. It is automatically created when an agent shows a property to a buyer
✔✔C. It requires informed written consent of all parties
D. It is only allowed for brokers-in-charge
A broker must complete how many postlicensing hours to remove the provisional status?
A. 30
✔✔B. 90
C. 45
D. 60
Which type of property ownership includes the right of survivorship in NC?
A. Tenancy in common
✔✔B. Joint tenancy
C. Estate for years
D. Leasehold
What type of tenancy is automatically created when two or more unmarried persons purchase
property together in NC?
3
, ✔✔A. Tenancy in common
B. Joint tenancy with survivorship
C. Tenancy by the entirety
D. Fee simple determinable
What is the primary responsibility of a broker-in-charge (BIC)?
✔✔A. To supervise provisional brokers
B. To appraise all firm listings
C. To inspect properties
D. To set real estate tax rates
Which of the following is considered a material fact in a real estate transaction in NC?
✔✔A. A leaky basement known to the seller
B. The seller’s divorce
C. The seller’s reason for moving
D. The buyer’s financing method
Which document is used to transfer title to real property in North Carolina?
4
Study Guide Questions and Answers |
Latest Version | 2025/2026 | Correct &
Verified
In North Carolina, who issues real estate licenses?
A. North Carolina Department of State
✔✔B. North Carolina Real Estate Commission
C. Department of Insurance
D. Real Estate Board of Appraisers
What is the minimum age to apply for a provisional broker license in NC?
✔✔A. 18
B. 19
C. 20
D. 21
Which of the following activities requires a real estate license in North Carolina?
A. Selling your own home
1
,B. Acting under power of attorney
✔✔C. Listing a property for a friend and receiving compensation
D. Buying investment property for yourself
Which of the following statements best describes a provisional broker in NC?
✔✔A. A licensee who must work under the supervision of a BIC
B. A licensee authorized to operate independently
C. A broker-in-charge candidate
D. A fully independent real estate investor
What is the purpose of the Working with Real Estate Agents (WWREA) disclosure form?
✔✔A. To inform consumers of agency relationships
B. To list all properties in MLS
C. To report fair housing violations
D. To schedule property inspections
Which of the following is true about dual agency in North Carolina?
A. It is illegal under all circumstances
2
,B. It is automatically created when an agent shows a property to a buyer
✔✔C. It requires informed written consent of all parties
D. It is only allowed for brokers-in-charge
A broker must complete how many postlicensing hours to remove the provisional status?
A. 30
✔✔B. 90
C. 45
D. 60
Which type of property ownership includes the right of survivorship in NC?
A. Tenancy in common
✔✔B. Joint tenancy
C. Estate for years
D. Leasehold
What type of tenancy is automatically created when two or more unmarried persons purchase
property together in NC?
3
, ✔✔A. Tenancy in common
B. Joint tenancy with survivorship
C. Tenancy by the entirety
D. Fee simple determinable
What is the primary responsibility of a broker-in-charge (BIC)?
✔✔A. To supervise provisional brokers
B. To appraise all firm listings
C. To inspect properties
D. To set real estate tax rates
Which of the following is considered a material fact in a real estate transaction in NC?
✔✔A. A leaky basement known to the seller
B. The seller’s divorce
C. The seller’s reason for moving
D. The buyer’s financing method
Which document is used to transfer title to real property in North Carolina?
4
