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NC Real Estate Exam- State Portion 2025/2026 Exam Questions and Answers | 100% Solved

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NC Real Estate Exam- State Portion 2025/2026 Exam Questions and Answers | 100% Solved Activities Requiring a License -

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NC Real Estate Exam- State Portion
2025/2026 Exam Questions and Answers
| 100% Solved



Activities Requiring a License - 🧠ANSWER ✔✔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 - 🧠ANSWER ✔✔Requires an active license


Selling time shares - 🧠ANSWER ✔✔Requires an active license


Advertising - 🧠ANSWER ✔✔In ANY manner (to include a business card),

requires an active license

, Business Entities/Firm License - 🧠ANSWER ✔✔ANY corporation,

partnership, Limited Liability Company, association or other business entity

(other than a sole proprietorship) MUST obtain a separate (firm) license.


Exempt Activities - 🧠ANSWER ✔✔-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 Assistants - 🧠ANSWER ✔✔-SHOW

"rental" properties managed by the employee's empoying broker to

prospective tenants

-COMPLETE and execute pre-printed form leases for rental of such

properties

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