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NC POST-LICENSING 303 EXAM (2023/24) WITH COMPLETE QUESTIONS & 100% CORRECT ANSWERS WITH RATIONALES WELL EXPLAINED BY EXPERTS ALREADY PASSED!!!!! GRADED A+ 2024 LATEST UPDATE WITH 100% GUARANTEED SUCCESS AFTER DOWNLOAD (ALL YOU NEED TO PASS YOUR EXAMS)

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NC POST-LICENSING 303 EXAM (2023/24) WITH COMPLETE QUESTIONS & 100% CORRECT ANSWERS WITH RATIONALES WELL EXPLAINED BY EXPERTS ALREADY PASSED!!!!! GRADED A+ 2024 LATEST UPDATE WITH 100% GUARANTEED SUCCESS AFTER DOWNLOAD (ALL YOU NEED TO PASS YOUR EXAMS) Mary, a woman of color, has filed a fair housing complaint after suspecting her real estate agent was only showing her homes in communities that were primarily made up of minorities. After completing its investigation, HUD found reasonable cause to believe that discrimination occurred. What will happen next? HUD will issue a charge of discrimination and will notify Mary, the complainant, of its determination. How can North Carolina landlords remove tenants who engage in illegal activities like drug manufacturing on the premises? Send the tenant a notice of immediate lease termination Which aspect of highest and best use is concerned with land use restrictions and zoning? Is it legally allowable or permissible? In North Carolina, the Vacation Rental Act provides what kind of exception regarding compensation for real estate brokerage activities? Under this act, a travel agent who does not hold an active real estate license may accept a referral fee for referring a tenant to a broker for a vacation rental if certain provisions are met. Tenant A is leasing commercial property from the landlord. Tenant A then sublets to Tenant B. Which of the following parties have a sandwich lease? The original tenant and the landlord Mike relocated for work and learned that the region in which he planned to buy a home had many old underground mines. In fact, Mike might even need to purchase mine subsidence insurance. What might a home inspector flag for Mike if there are any concerns about undermining? A sinkhole on the property An underground storage tank has been in place for 15 years. What is its remaining useful life, on average? Zero years Which of the following is described as an area that is protected by the Clean Water Act where standing water that supports aquatic plants and animals is located and groundwater is filtered? Wetland

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NC POST-LICENSING 303
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NC POST-LICENSING 303

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Uploaded on
September 4, 2024
Number of pages
8
Written in
2024/2025
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Exam (elaborations)
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  • nc post licensing 303

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NC POST-LICENSING 303 EXAM
(2023/24) WITH COMPLETE
QUESTIONS & 100% CORRECT
ANSWERS WITH RATIONALES
WELL EXPLAINED BY EXPERTS
ALREADY PASSED!!!!! GRADED
A+ 2024 LATEST UPDATE WITH
100% GUARANTEED SUCCESS
AFTER DOWNLOAD (ALL YOU
NEED TO PASS YOUR EXAMS)

Which of the following would NOT be considered a violation of license law? A timeshare
salesperson who also has a legal license performing legal services

Which of the following best describes a tenant's right to quiet enjoyment? A tenant has the right
to enjoy lawful use of the property without being dispossessed or trespassed upon, even by the
landlord.

Ricky Nubbins is three months behind in his rent and has received several reminders from the land lord
that the rent is past due. As a result, the landlord has begun working through proper channels to legally

, end Ricky's lease before the contract end date. The landlord is terminating his lease through ______.
Eviction

What does "No Representation" mean on a North Carolina property disclosure form? The seller is
choosing not to disclose certain information.

Devin, a homebuilder, was caught dumping a load of rubble in an area designated as wetlands. "But I
wasn't building anything," he explained. "I wasn't involved in any development when I dumped the dirt
there." Was his dumping a legal act? No, because dumping material in a wetland is one of the
activities that isn't allowed without a permit.

In order for North Carolina broker Meredith to accept compensation from a home inspector for referring
a client, what must she disclose to the relevant transaction parties? The name of the inspection
company and the type and amount of the compensation

If a real estate agent realizes that the seller or landlord intends to discriminate against a member of a
protected class, which of the following is NOT a best practice response? The agent doesn't need to do
anything because the agent hasn't committed any discriminatory acts, and the client hasn't actually
discriminated yet.

A(n) ______ policy typically only covers the condominium buildings' structure and the common areas.
This type of policy often does not cover the inside of the unit. Master insurance



-the condominium owners' association master insurance policy typically only covers the condominium
buildings and the common areas. This type of policy often does not cover the inside of the unit.

Mary, a woman of color, has filed a fair housing complaint after suspecting her real estate agent was
only showing her homes in communities that were primarily made up of minorities. After completing its
investigation, HUD found reasonable cause to believe that discrimination occurred. What will happen
next? HUD will issue a charge of discrimination and will notify Mary, the complainant, of its
determination.

How can North Carolina landlords remove tenants who engage in illegal activities like drug
manufacturing on the premises? Send the tenant a notice of immediate lease termination

Which aspect of highest and best use is concerned with land use restrictions and zoning? Is it
legally allowable or permissible?

In North Carolina, the Vacation Rental Act provides what kind of exception regarding compensation for
real estate brokerage activities?Under this act, a travel agent who does not hold an active real estate
license may accept a referral fee for referring a tenant to a broker for a vacation rental if certain
provisions are met.

Tenant A is leasing commercial property from the landlord. Tenant A then sublets to Tenant B. Which of
the following parties have a sandwich lease? The original tenant and the landlord

Mike relocated for work and learned that the region in which he planne d to buy a home had many old
underground mines. In fact, Mike might even need to purchase mine subsidence insurance. What might

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