NC Law, Rules and Legal Concept - Post Licensing Course 303 Exam 100% Solved!

If you are helping your out of town neighbor show their rental property to prospective tenants, simply as a favor, do you need a real estate license? But if compensation is involved you need a license. - ANSWERSNO If your brother gives you power of attorney to sign closing documents for them, do you need a real estate license? - ANSWERSNO If you make a license referral to an agent in California and ask for a referral fee do you need an active license at the time you make the referral? - ANSWERSYes If you agree to help your mom negotiate a form lease you purchase from a local office supply store in exchange for her famous pie, do you need a real estate license? - ANSWERSYes As an unlicensed w-2 assistance can you show brokers active listings that are for sale? - ANSWERSNo Can you show brokers rental listings? - ANSWERSYes A current license has been renewed between May 15 and June 30 online - ANSWERS An inactive license is due to an education deficiency - ANSWERS A licensee must always carry a pocket card but may use the online version (optional to print) - ANSWERS Who must notify the NCREC of a name or address change? - ANSWERSThe licensee within 10 days of the change To activate an expired license - ANSWERSYou must pay $90 and submit paperwork An apartment complex posts a huge notice outside its main drive declaring, "Free two months rent with one year lease!" Is this Permissible? - ANSWERSYes Can the apartment complex legally distribute flyers to their current residents offering free rent for two months to anyone who sends new renters to the office? - ANSWERSNO M