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303 NC POST LICENSING EXAM 2024 ACTUAL EXAM
COMPLETE ACCURATE EXAM QUESTIONS WITH
DETAILED VERIFIED ANSWERS BEST AND NEWEST
ACTUAL EXAM /GRADED A+
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? -
(answers)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? - (answers)Send the tenant a notice of
immediate lease termination
Which aspect of highest and best use is concerned with land use restrictions and
zoning? - (answers)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? - (answers)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? -
(answers)The original tenant and the landlord
, 2
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? - (answers)A sinkhole on the property
An underground storage tank has been in place for 15 years. What is its remaining
useful life, on average? - (answers)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? - (answers)Wetland
Before becoming a broker-in-charge, a North Carolina broker must first apply for
_______ with the NCREC. - (answers)Eligibility
Dave is an employee of a housing authority in his North Carolina county. He's
been asked to lease one of the properties that the housing authority owns to a new
tenant. Does Dave need a real estate license for this? - (answers)No. Dave
qualifies for the housing authority exemption wherein an employee is permitted to
sell or lease properties that are owned by the housing authority.
It's fine for a personal assistant to answer a buyer's questions related to contract
terms if the personal assistant ______. - (answers)Is licensed
Which of the following is NOT a measure a developer must take to prevent
sedimentation? - (answers)Deep rooting trees along shoreline
303 NC POST LICENSING EXAM 2024 ACTUAL EXAM
COMPLETE ACCURATE EXAM QUESTIONS WITH
DETAILED VERIFIED ANSWERS BEST AND NEWEST
ACTUAL EXAM /GRADED A+
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? -
(answers)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? - (answers)Send the tenant a notice of
immediate lease termination
Which aspect of highest and best use is concerned with land use restrictions and
zoning? - (answers)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? - (answers)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? -
(answers)The original tenant and the landlord
, 2
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? - (answers)A sinkhole on the property
An underground storage tank has been in place for 15 years. What is its remaining
useful life, on average? - (answers)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? - (answers)Wetland
Before becoming a broker-in-charge, a North Carolina broker must first apply for
_______ with the NCREC. - (answers)Eligibility
Dave is an employee of a housing authority in his North Carolina county. He's
been asked to lease one of the properties that the housing authority owns to a new
tenant. Does Dave need a real estate license for this? - (answers)No. Dave
qualifies for the housing authority exemption wherein an employee is permitted to
sell or lease properties that are owned by the housing authority.
It's fine for a personal assistant to answer a buyer's questions related to contract
terms if the personal assistant ______. - (answers)Is licensed
Which of the following is NOT a measure a developer must take to prevent
sedimentation? - (answers)Deep rooting trees along shoreline
