RE Practice Exams NC State Portion
2025/2026 Exam Questions and Answers
| A+ Score Assured
A provisional broker would be responsible for all of the following when
working for a client, EXCEPT - 🧠ANSWER ✔✔Disclosing the presence of a
sex offender in the immediate area
Which of the following services should a property manager avoid? -
🧠ANSWER ✔✔Establishing a depreciation schedule
Once licensed, a provisional broker must: - 🧠ANSWER ✔✔Complete three
thirty-hour postlicense classes to remove provisional status
Which of the following is TRUE regarding the due diligence fee and earnest
money? - 🧠ANSWER ✔✔If the buyer terminates during the due diligence
,period because he changed his mind, he will receive a refund of his earnest
money but not his due diligence fee
Betty, an independent broker, is working with a buyer customer. Betty failed
to review the Working with Real Estate Agents disclosure form. She
explains to the buyer that she is working for his best interest and "will help
him get the best deal possible" should the buyer purchase one of her firm's
listings. In this case: - 🧠ANSWER ✔✔Betty is acting as an undisclosed dual
agent if she shows the buyer one of her firm's listings.
A licensed property manage hires a W-2 employee to answer the phone,
assist in showing units, preparing leases, collection rent, and security
deposits. Which of the following is TRUE? - 🧠ANSWER ✔✔An unlicensed
w-2 employee of a property manager may not negotiate lease price or
terms.
A broker at ABC Realty forms a team, Best Brokers Team Inc., and takes a
listing. Which of the following is TRUE? - 🧠ANSWER ✔✔The listing
agreement must include the name of ABC Realty and Best Brokers, Inc.
The listing agent must include a license number. All marketing must include
the name of both companies.
, Oral buyer agency must: - 🧠ANSWER ✔✔be express.
When is the Working with Real Estate Agents disclosure form required in a
commercial purchase transaction? - 🧠ANSWER ✔✔Before learning
personal/confidential information
A property owner wants to build a house on the only lot in a subdivision that
has .98 acres. Under current zoning rules, lots must be at least 1 acre. The
owner should request: - 🧠ANSWER ✔✔variance.
A buyer wants to make an offer on a property that is already under
contract. In the buyer's offer the broker should include: - 🧠ANSWER ✔✔a
back-up contract addendum
A seller asks a broker to reduce the commission rate charged since she will
hire the same broker as a buyer's agent. The agent states that the
brokerage has a policy against reducing the commission. Which of the
following is TRUE? - 🧠ANSWER ✔✔The brokerage can refuse to reduce
the commission rate.
A provisional broker completes a BPO for a fee under the supervision of
her broker-in-charge. Has the provisional broker violated license law? -
3
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
2025/2026 Exam Questions and Answers
| A+ Score Assured
A provisional broker would be responsible for all of the following when
working for a client, EXCEPT - 🧠ANSWER ✔✔Disclosing the presence of a
sex offender in the immediate area
Which of the following services should a property manager avoid? -
🧠ANSWER ✔✔Establishing a depreciation schedule
Once licensed, a provisional broker must: - 🧠ANSWER ✔✔Complete three
thirty-hour postlicense classes to remove provisional status
Which of the following is TRUE regarding the due diligence fee and earnest
money? - 🧠ANSWER ✔✔If the buyer terminates during the due diligence
,period because he changed his mind, he will receive a refund of his earnest
money but not his due diligence fee
Betty, an independent broker, is working with a buyer customer. Betty failed
to review the Working with Real Estate Agents disclosure form. She
explains to the buyer that she is working for his best interest and "will help
him get the best deal possible" should the buyer purchase one of her firm's
listings. In this case: - 🧠ANSWER ✔✔Betty is acting as an undisclosed dual
agent if she shows the buyer one of her firm's listings.
A licensed property manage hires a W-2 employee to answer the phone,
assist in showing units, preparing leases, collection rent, and security
deposits. Which of the following is TRUE? - 🧠ANSWER ✔✔An unlicensed
w-2 employee of a property manager may not negotiate lease price or
terms.
A broker at ABC Realty forms a team, Best Brokers Team Inc., and takes a
listing. Which of the following is TRUE? - 🧠ANSWER ✔✔The listing
agreement must include the name of ABC Realty and Best Brokers, Inc.
The listing agent must include a license number. All marketing must include
the name of both companies.
, Oral buyer agency must: - 🧠ANSWER ✔✔be express.
When is the Working with Real Estate Agents disclosure form required in a
commercial purchase transaction? - 🧠ANSWER ✔✔Before learning
personal/confidential information
A property owner wants to build a house on the only lot in a subdivision that
has .98 acres. Under current zoning rules, lots must be at least 1 acre. The
owner should request: - 🧠ANSWER ✔✔variance.
A buyer wants to make an offer on a property that is already under
contract. In the buyer's offer the broker should include: - 🧠ANSWER ✔✔a
back-up contract addendum
A seller asks a broker to reduce the commission rate charged since she will
hire the same broker as a buyer's agent. The agent states that the
brokerage has a policy against reducing the commission. Which of the
following is TRUE? - 🧠ANSWER ✔✔The brokerage can refuse to reduce
the commission rate.
A provisional broker completes a BPO for a fee under the supervision of
her broker-in-charge. Has the provisional broker violated license law? -
3
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
