Post Licensing 301 Exam Questions and
Answers 100% Solved | Graded A+
What are the fiduciary duties? - ✔✔Loyalty
Obedience
Accounting
Disclosure
Skill, care, and diligence
Confidentiality
Seller must provide these disclosures, and they must provide them before:
- ✔✔They must provide the RPOADS, MOG, and lead-based paint
disclosure if the house was built before 1978.
Must be provided before an offer is made
What are the 3 main exceptions to providing the RPOADS? - ✔✔New
construction
Tenant in possession
Mutual agreement
1
©NINJANERD 2025/2026. YEAR PUBLISHED 2025.
, Who are the parties to an agency agreement? - ✔✔The agent and the
principals
Does the principal have to disclose anything? - ✔✔No, they do not
When and in what transactions must a broker provide the WREA brochure?
- ✔✔At first substantial contact in all sales transactions
When and in what transactions must Agency agreements with property
owners be in writing? - ✔✔Before any broker services are provided (be it
for sales, lease, or owner association) in all transactions
Before a broker may begin working with a buyer or tenant as that a
principal's agent, how may the parties' agency relationship be created
under NCREC rules? - ✔✔It can be created orally until the time of offer,
when it must be in writing
Who are the parties to the agency agreement? - ✔✔The firm and the
consumer
What duties does a licensee affiliated with a company owe to the
company? - ✔✔Fiduciary duties
What are the relevant factors/criteria when selecting properties to use as
comparables for a CMA? - ✔✔Recent close date
Proximity
2
©NINJANERD 2025/2026. YEAR PUBLISHED 2025.
Answers 100% Solved | Graded A+
What are the fiduciary duties? - ✔✔Loyalty
Obedience
Accounting
Disclosure
Skill, care, and diligence
Confidentiality
Seller must provide these disclosures, and they must provide them before:
- ✔✔They must provide the RPOADS, MOG, and lead-based paint
disclosure if the house was built before 1978.
Must be provided before an offer is made
What are the 3 main exceptions to providing the RPOADS? - ✔✔New
construction
Tenant in possession
Mutual agreement
1
©NINJANERD 2025/2026. YEAR PUBLISHED 2025.
, Who are the parties to an agency agreement? - ✔✔The agent and the
principals
Does the principal have to disclose anything? - ✔✔No, they do not
When and in what transactions must a broker provide the WREA brochure?
- ✔✔At first substantial contact in all sales transactions
When and in what transactions must Agency agreements with property
owners be in writing? - ✔✔Before any broker services are provided (be it
for sales, lease, or owner association) in all transactions
Before a broker may begin working with a buyer or tenant as that a
principal's agent, how may the parties' agency relationship be created
under NCREC rules? - ✔✔It can be created orally until the time of offer,
when it must be in writing
Who are the parties to the agency agreement? - ✔✔The firm and the
consumer
What duties does a licensee affiliated with a company owe to the
company? - ✔✔Fiduciary duties
What are the relevant factors/criteria when selecting properties to use as
comparables for a CMA? - ✔✔Recent close date
Proximity
2
©NINJANERD 2025/2026. YEAR PUBLISHED 2025.
