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NC 30-Hour Post Licensing Course 301 Overview Notes Exam Questions and Answers 100% Solved

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NC 30-Hour Post Licensing Course 301 Overview Notes Exam Questions and Answers 100% Solved When does confidentiality end for a client? - Never, unless you have a duty to disclose to a new client. (e.g., You represented a buyer client three years ago. You just signed a new seller client who knows your former buyer client and asks you how the buyer was able to pay cash for their property. Even though you know that the buyer came into a large inheritance, you do not disclose this to your new client.) Self Dealing - Occurs when a broker has an undisclosed interest in a property North Carolina's Unfair and Deceptive Trade Practices Act - Prohibits unfair or deceptive practices in commerce. (I.e giving misleading opinions or false inducements, failing to disclose material facts, using misleading advertising, making misrepresentations.

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NC 30-Hour Post Licensing Course 301

Overview Notes Exam Questions and

Answers 100% Solved


When does confidentiality end for a client? - ✔✔Never, unless you have a

duty to disclose to a new client. (e.g., You represented a buyer client three

years ago. You just signed a new seller client who knows your former buyer

client and asks you how the buyer was able to pay cash for their property.

Even though you know that the buyer came into a large inheritance, you do

not disclose this to your new client.)

Self Dealing - ✔✔Occurs when a broker has an undisclosed interest in a

property

North Carolina's Unfair and Deceptive Trade Practices Act - ✔✔Prohibits

unfair or deceptive practices in commerce. (I.e giving misleading opinions

or false inducements, failing to disclose material facts, using misleading

advertising, making misrepresentations.)




1
©NINJANERD 2025/2026. YEAR PUBLISHED 2025.

,.When you use a comparative market analysis to calculate a suggested

listing price range for a particular property, which of the following actions

will you take?



A.Adjust prices from all properties listed or sold within a one-mile radius of

the subject property.

B.Calculate a price range based on data from expired listings and pending

sales.

C.Use adjusted prices from comparables and refine a range using active

listings, expired listings, and possibly pending listings.

D.Use adjusted prices from comparables and refine a range using active

listings, expired listings, and possibly pending listings. - ✔✔C. Use adjusted

prices from comparables and refine a range using active listings, expired

listings, and possibly pending listings.

Trinity represents a buyer who is interested in one of Trinity's new listings.

Which of these statements about dual agency consent is correct?



A. Only the seller's consent must be in writing throughout the transaction.

B. The buyer's verbal consent is adequate until an offer to the seller is

accepted.

2
©NINJANERD 2025/2026. YEAR PUBLISHED 2025.

, C. Trinity must obtain written dual agency consent from both parties before

presenting an offer from the buyer to the seller.

D. Trinity must obtain written dual agency consent from both parties before

showing the house to this buyer. - ✔✔C. Trinity must obtain written dual

agency consent from both parties before presenting an offer from the buyer

to the seller.

Which one of the following is an example of a North Carolina seller's agent

carrying out the duty of loyalty?



A. Harry ensures his clients know about any potential issues that might

interfere with a smooth transaction, including any possible conflicts of

interest Harry might have.

B. Jared receives an offer from a buyer and makes some reasonable

inquiries into that buyer's financial readiness.

C. Lindsay advises her client against reducing the sale price on the listing,

but then processes the discount as her client requested.

D. Sandra refuses to share information about her client's motivation to sell

with the buyer's agent, even when asked. - ✔✔C. Lindsay advises her

client against reducing the sale price on the listing, but then processes the

discount as her client requested.

3
©NINJANERD 2025/2026. YEAR PUBLISHED 2025.

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