NC Real Estate Exam comprehensive questions
fully solved & updated (Latest Update 2026)
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Practice questions for this set
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Both buyer and seller represented
Both must consent
Can do as long as firm practices, clients agree
Choose an answer
1 General Lien 2 Material fact
Dual Agency
3 Estate from period to period 4
Designated
Don't know?
Terms in this set (188)
,General Lien claim against all property of the owner, both real
and personal property
Valid Contract contract is binding AND enforceable
With Reserve seller holds the right to stop bidding and retain
the property
Without Reserve seller waives the right to stop the bidding
Rescission property different from represented
Duties to Principals Obedience
Loyalty
Disclosure
Confidentiality
Accounting
Reasonable skill and care
Obedience and Loyalty must comply with all lawful instructions that are
consistent with the agency agreement
must put client interest above your own
Soliciting Listings DO NOT CALL
cannot "cold" call expired listings of another
broker/firm
Fine is up to $11,000 per call (federal) and up to
$500 per call through the state attorney general
, Written agency agreements must be for a stated definite period of time
must contained prescribed nondiscriminatory
language
Government Survey System 36 sections in a township
640 acres in a section
16 - school is typically located in this section
Synthetic Stucco exterior finish product also known as exterior
insulating and finishing system
water is not absorbed or released
becomes trapped in the walls
must disclose, even if removed
Lead-Based Paint Disclosure For homes built prior to 1978
must be provide a copy of "protect your family
from lead in your home"
Buyer has to evaluate during due diligence at the
buyer's expense
Material fact must be disclosed immediately to all parties
have a duty to perform visual inspection looking
for defects and request property disclosure
Patent plainly visible
Latent hidden
fully solved & updated (Latest Update 2026)
UPDATE!!
Save
Practice questions for this set
Learn 1 /7 Study with Learn
Both buyer and seller represented
Both must consent
Can do as long as firm practices, clients agree
Choose an answer
1 General Lien 2 Material fact
Dual Agency
3 Estate from period to period 4
Designated
Don't know?
Terms in this set (188)
,General Lien claim against all property of the owner, both real
and personal property
Valid Contract contract is binding AND enforceable
With Reserve seller holds the right to stop bidding and retain
the property
Without Reserve seller waives the right to stop the bidding
Rescission property different from represented
Duties to Principals Obedience
Loyalty
Disclosure
Confidentiality
Accounting
Reasonable skill and care
Obedience and Loyalty must comply with all lawful instructions that are
consistent with the agency agreement
must put client interest above your own
Soliciting Listings DO NOT CALL
cannot "cold" call expired listings of another
broker/firm
Fine is up to $11,000 per call (federal) and up to
$500 per call through the state attorney general
, Written agency agreements must be for a stated definite period of time
must contained prescribed nondiscriminatory
language
Government Survey System 36 sections in a township
640 acres in a section
16 - school is typically located in this section
Synthetic Stucco exterior finish product also known as exterior
insulating and finishing system
water is not absorbed or released
becomes trapped in the walls
must disclose, even if removed
Lead-Based Paint Disclosure For homes built prior to 1978
must be provide a copy of "protect your family
from lead in your home"
Buyer has to evaluate during due diligence at the
buyer's expense
Material fact must be disclosed immediately to all parties
have a duty to perform visual inspection looking
for defects and request property disclosure
Patent plainly visible
Latent hidden
