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SUPERIOR NC REAL ESTATE FINAL LICENSING EXAM AND PRACTICE NEWEST 2025 ACTUAL EXAM COMPLETE 250 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS)

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SUPERIOR NC REAL ESTATE FINAL LICENSING EXAM AND PRACTICE NEWEST 2025 ACTUAL EXAM COMPLETE 250 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS)

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SUPERIOR NC REAL ESTATE FINAL LICENSING EXAM AND PRACTICE NEWEST 2025 ACTUAL
EXAM COMPLETE 250 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS)
(VERIFIED ANSWERS)
PASS!!
makeup of commission - (ANSWER)consists of nine members - 7 appointed by governor; one by
|100% GUARANTEED
Speaker PASS!!one by President Pro-Tem of the Senate; 3 must be brokers in the real
of the House;
ANSWERS
estate(VERIFIED
business; ANSWERS)
2 cannot be involved directly or indirectly in the real estate business; serve 3
year staggered terms Y53

powers granted to the NC Real Estate Commission (6) - (ANSWER)1. licensing real estate
DETAILED
brokersANSWERS
in NC (VERIFIED ANSWERS) |ALREADY GRADED A+
|ALREADY GRADED
2. approving A+ that conduct real estate courses
schools
|ALREADY GRADED
3. approving A+
instructors that teach real estate courses
A+ 4. conducting education and information programs relating to the real estate brokerage
A+ business 谢谢谢
GRADED A+
5. regulating the business activities of brokers in NC 谢
A+ 6. has te power to discipline licensees who violate the license law or commission rules Y53 谢谢
A+
ANSWERS) |ALREADY
disciplinary GRADED
actions against A+
licensees (4) - (ANSWER)a. reprimand - slap on the wrist
b. censure - harder slap on the wrist
c. license suspension
d. license revocation Y53

powers not granted to the NC Real Estate Commission (7) - (ANSWER)1. cannot practice law
2. cannot declare sales contracts, listing contracts or leases void
3. cannot regulate commissions, salaries or fees charged by licensees
4. cannot fine licensees for violations of licensing law
5. cannot draft or prescribe real estate contract forms
6. cannot act as a board of arbitration
7. cannot order brokers to reimburse trust funds or to compensate buyers or sellers for losses
Y54

who needs a real estate license - (ANSWER)any person or business entity who, for
compensation, Lists, Leases, Buys, Exchanges, Auctions, Negotiates, or Sells (LLBEANS) real
property for other Y54

who does not need a real estate license (9) - (ANSWER)1. an owner of property deal for
him/herself
2. a crier at an auction
3. a person acting as attorney-in-fact under a power of attorney
4. a lawyer in the regular course of his/her law practice
5. a real estate appraiser
6. a mortgage banker
7. any person acting under court order
8. corporations selling/leasing/buying their own real estate
9. a salaried employee of a property manager broker Y54

active license - (ANSWER)a license that states you are current on education, fees and are able
to do business

canceled license - (ANSWER)if a provisional broker does not complete all 90 hours of post-

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