8/11/25, 11:42 AM NC 302 Post Licensing / Real Exam Questions with Correct Answers A+ Score Solutions.
NC 302 Post Licensing / Real Exam Questions
with Correct Answers A+ Score Solutions.
Which of the following The buyer meets with a lender to get pre-qualified,
statements best describes arranges a home inspection and appraisal, asks
a buyer performing due questions, and investigates any other areas of the
diligence during a North property the buyer feels may need it.
Carolina real estate
transaction?
One advantage of telling It gives buyers an incentive to create a better offer
the buyers' agents that
there are multiple offers
on a property is ___ _.
… 1/41
,8/11/25, 11:42 AM NC 302 Post Licensing / Real Exam Questions with Correct Answers A+ Score Solutions.
Tiffany, an investor, wants $420,301
to net 12% profit after
paying a brokerage
commission of 7%. If her
original purchase price
was $349,000, what's the
minimum offer she can
accept? Round to nearest
whole dollar.
Which one of these Lisa, a closing attorney, is permitted to deposit
scenarios accurately disputed earnest money funds with the courts
depicts how to handle pending dispute settlement.
earnest money?
The Slorahns are The closing attorney
purchasing a property in
Wilmington and are
concerned about the title.
They want to have a title
search performed. Who
can perform a title
search?
````What are accrued Items to be divided proportionately between the
expense items? buyer and seller that the seller owes
Which of the following Complete a pre-printed offer when directed to do so
actions is a North Carolina by the transaction parties.
broker who's acting as an
agent in a transaction
permitted to do?
`````The Back-Up The seller wants to accept a secondary offer
Addendum should be
used when ___ _.
… 2/41
,8/11/25, 11:42 AM NC 302 Post Licensing / Real Exam Questions with Correct Answers A+ Score Solutions.
North Carolina licensee Robert H. McKenzie and wife, Margaret E. McKenzie
Tara is completing the
Offer to Purchase and
Contract, Standard Form
2-T, for her married buyer
clients Bob and Maggie
McKenzie, who are listed
in LinkedIn and Facebook
as Robert "Bobby Mack"
McKenzie and Margaret
(née Harper) McKenzie.
Their legal names are
Robert H. McKenzie and
Margaret E. McKenzie.
How should Tara list their
names in the contract?
The Loan paragraph in Standard Form 12-T notes the
buyer is entitled to apply for a mortgage loan. This
paragraph is NOT a contingency. If Travis isn't
approved and doesn't find that out until after the due
North Carolina buyer diligence period expires, he'll lose his earnest
Travis needed to obtain a
mortgage loan to *The Loan paragraph in Standard Form 12-T notes that
purchase another the buyer is entitled to apply for and seek approval
property that's under for a loan. The buyer's obligation to purchase the
contract. Which of these property is NOT contingent on obtaining a loan. The
statements applies in this buyer should work with the lender to try to determine
situation? whether it's likely the buyer will be approved for the
loan before the due diligence period expires. If the
buyer isn't approved before the expiration, the buyer
may terminate the contract and have the earnest
money returned.
_ ___ lending was a Predatory
contributing factor to the
housing collapse in the
mid-2000s
… 3/41
, 8/11/25, 11:42 AM NC 302 Post Licensing / Real Exam Questions with Correct Answers A+ Score Solutions.
If the property tax $324 to the seller and $1,318.50 to the buyer
proration is $4.50 per day,
the settlement date is
March 13, the buyer and
seller have not negotiated
a different proration
method, and it's not a leap
year, what amount will be
charged to the seller and
to the buyer respectively
for taxes?
Which of the following A client may request hard-copy records even if the
statements regarding parties agreed to use electronic signatures and
electronic transactions in records.
North Carolina is true?
You're a listing broker Injecting your personal opinion as to which is the best
managing multiple offers. offer
You should avoid doing
which of the following?
Kendra made an offer on Offeree
Sam's property. Sam
rejected Kendra's offer, **The seller considering a buyer's offer is an offeree,
but made a counter-offer. but if that seller makes a counter-offer, then the seller
Kendra is now considering becomes the offeror, and the buyer becomes an
the counter. What role offeree
does Kendra currently
have in this scenario?
Which of the following is Duress
considered a vice of
consent in North
Carolina?
… 4/41
NC 302 Post Licensing / Real Exam Questions
with Correct Answers A+ Score Solutions.
Which of the following The buyer meets with a lender to get pre-qualified,
statements best describes arranges a home inspection and appraisal, asks
a buyer performing due questions, and investigates any other areas of the
diligence during a North property the buyer feels may need it.
Carolina real estate
transaction?
One advantage of telling It gives buyers an incentive to create a better offer
the buyers' agents that
there are multiple offers
on a property is ___ _.
… 1/41
,8/11/25, 11:42 AM NC 302 Post Licensing / Real Exam Questions with Correct Answers A+ Score Solutions.
Tiffany, an investor, wants $420,301
to net 12% profit after
paying a brokerage
commission of 7%. If her
original purchase price
was $349,000, what's the
minimum offer she can
accept? Round to nearest
whole dollar.
Which one of these Lisa, a closing attorney, is permitted to deposit
scenarios accurately disputed earnest money funds with the courts
depicts how to handle pending dispute settlement.
earnest money?
The Slorahns are The closing attorney
purchasing a property in
Wilmington and are
concerned about the title.
They want to have a title
search performed. Who
can perform a title
search?
````What are accrued Items to be divided proportionately between the
expense items? buyer and seller that the seller owes
Which of the following Complete a pre-printed offer when directed to do so
actions is a North Carolina by the transaction parties.
broker who's acting as an
agent in a transaction
permitted to do?
`````The Back-Up The seller wants to accept a secondary offer
Addendum should be
used when ___ _.
… 2/41
,8/11/25, 11:42 AM NC 302 Post Licensing / Real Exam Questions with Correct Answers A+ Score Solutions.
North Carolina licensee Robert H. McKenzie and wife, Margaret E. McKenzie
Tara is completing the
Offer to Purchase and
Contract, Standard Form
2-T, for her married buyer
clients Bob and Maggie
McKenzie, who are listed
in LinkedIn and Facebook
as Robert "Bobby Mack"
McKenzie and Margaret
(née Harper) McKenzie.
Their legal names are
Robert H. McKenzie and
Margaret E. McKenzie.
How should Tara list their
names in the contract?
The Loan paragraph in Standard Form 12-T notes the
buyer is entitled to apply for a mortgage loan. This
paragraph is NOT a contingency. If Travis isn't
approved and doesn't find that out until after the due
North Carolina buyer diligence period expires, he'll lose his earnest
Travis needed to obtain a
mortgage loan to *The Loan paragraph in Standard Form 12-T notes that
purchase another the buyer is entitled to apply for and seek approval
property that's under for a loan. The buyer's obligation to purchase the
contract. Which of these property is NOT contingent on obtaining a loan. The
statements applies in this buyer should work with the lender to try to determine
situation? whether it's likely the buyer will be approved for the
loan before the due diligence period expires. If the
buyer isn't approved before the expiration, the buyer
may terminate the contract and have the earnest
money returned.
_ ___ lending was a Predatory
contributing factor to the
housing collapse in the
mid-2000s
… 3/41
, 8/11/25, 11:42 AM NC 302 Post Licensing / Real Exam Questions with Correct Answers A+ Score Solutions.
If the property tax $324 to the seller and $1,318.50 to the buyer
proration is $4.50 per day,
the settlement date is
March 13, the buyer and
seller have not negotiated
a different proration
method, and it's not a leap
year, what amount will be
charged to the seller and
to the buyer respectively
for taxes?
Which of the following A client may request hard-copy records even if the
statements regarding parties agreed to use electronic signatures and
electronic transactions in records.
North Carolina is true?
You're a listing broker Injecting your personal opinion as to which is the best
managing multiple offers. offer
You should avoid doing
which of the following?
Kendra made an offer on Offeree
Sam's property. Sam
rejected Kendra's offer, **The seller considering a buyer's offer is an offeree,
but made a counter-offer. but if that seller makes a counter-offer, then the seller
Kendra is now considering becomes the offeror, and the buyer becomes an
the counter. What role offeree
does Kendra currently
have in this scenario?
Which of the following is Duress
considered a vice of
consent in North
Carolina?
… 4/41
