100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Exam (elaborations)

NC REAL ESTATE EXAM STATE PORTION 2025 QUESTIONS AND ANSWERS

Rating
-
Sold
-
Pages
28
Grade
A+
Uploaded on
04-09-2025
Written in
2025/2026

When must a firm practicing "designated agency" disclose to the seller the name of the agent representing the buyer. a: at first substantial contact with the seller b: at initial contact with the seller c: at the time the buyer's agent shows the seller's property d: at the time the offer is submitted to the seller - ans d: at the time the offer is submitted to the seller what is the first point at which a provisional broker may begin practicing real estate in north carolina? a: when the ncrec receives notification of the provisional broker's activation with a bic b: upon successful completion of all course work and required examinations c: upon completion of all educational requirements d: upon formal notification from the ncrec that the candidate has successfully passed the real estate examination and has been issued a license number - ans a: when the ncrec receives notification of the provisional broker's activation with a bic which of the following is incorrect about the post licensing requirement of a provisional broker? a: the due date of the post licensing education is the anniversary date of licensure @COPYRIGHT BRAINBARTER 2025/2026 PAGE2 b: post licensing consists of three 30 hour courses which may be taken in any order and must be completed within 3 years of the date of licensure c: post licensing courses end on june 10th and must be completed for the provisional broker to renew their license on june 30th d: if a provisional broker does not complete post licensing by the deadlines their license will become inactive - ans c: post licensing courses end on june 10th and must be completed for the provisional broker to renew their license on june 30th if a licensee does not pay their renewal fee on or before june 30 of the year, what is the time period for the licensee to reinstate their license without the imposition of additional educational requirements? a: 30 days b: 60 days c: 6 months d: one year - ans c: 6 months judy is an unlicensed individual. her parents are selling their own home as for sale by owner without the representation of a real estate licensee. while her parents are on vacation, judy shows the home to some interested potential buyers and has long conversations with them about the conditions under which they may purchase her parent's home. judy's parents do not pay her in cash but instead offer to send on an upcoming vacation. is judy in violation of nc licensing law? a: no because the home is her parent's own property and it is therefore exempt from the licensure requirement. b: no, because judy did not receive any cash payment for her activity. c: yes, judy is engaged in the business of real estate without a license d: yes because judy is legally required to obtain a power of attorney from her parents in this instance. - ans c: yes, judy is engaged in the business of real estate without a license a provisional broker obtains their nc real estate license on april 15th and joins a real estate firm. in order to remain active, the broker must pay the renewal fee to the nc real estate commission on or before: @COPYRIGHT BRAINBARTER 2025/2026 PAGE3 a: june 30 of the current year b: june 30 of the following year c: june 10 of the current year d: december 31 of the current year - ans a: june 30 of the current year the nc homestead exemption would be of importance and have the greatest impact on: a: a borrower who is in default on their property and facing foreclosure b: an individual who filed bankruptcy due to excessive medical bills and judgment liens c: an investor who must engage in the short sale of an investment property da married couple who is selling their primary residence to a buyer - ans b: an individual who filed bankruptcy due to excessive medical bills and judgment liens jack is a licensed real estate professional in illinois. he has been a broker for many years, but is not licensed in nc. jack has a friend who wants to purchase a home in charlotte, nc. in regard to the representation of this buyer all of the following are true, except: a: jack may refer the buyer to a licensed nc broker and receive a referral fee even though he is not licensed in nc. b: jack may meet with the buyer in illinois and explain the purchase process and answer questions about the nc transaction. c: so long as jack affiliates with a nc broker he may accompany the buyer to north carolina and assist in showing the buyer property d: the nc real estate commission does not have jurisdiction over jack unless jack conducts illegal brokerage activities in nc - ans c: so long as jack affiliates with a nc broker he may accompany the buyer to north carolina and assist in showing the buyer property sherry is a provisional broker who works for a residential sales bic and firm in north carolina. sherry has a cou

Show more Read less
Institution
NC Real Estate
Course
NC Real Estate










Whoops! We can’t load your doc right now. Try again or contact support.

Written for

Institution
NC Real Estate
Course
NC Real Estate

Document information

Uploaded on
September 4, 2025
Number of pages
28
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

Content preview

NC REAL ESTATE EXAM STATE
PORTION 2025 QUESTIONS AND
ANSWERS




When must a firm practicing "designated agency" disclose to the seller the name of the agent
representing the buyer.
a: at first substantial contact with the seller
b: at initial contact with the seller
c: at the time the buyer's agent shows the seller's property

d: at the time the offer is submitted to the seller - ans d: at the time the offer is submitted to
the seller


what is the first point at which a provisional broker may begin practicing real estate in north
carolina?
a: when the ncrec receives notification of the provisional broker's activation with a bic
b: upon successful completion of all course work and required examinations
c: upon completion of all educational requirements
d: upon formal notification from the ncrec that the candidate has successfully passed the real
estate examination and has been issued a license number - ans a: when the ncrec receives
notification of the provisional broker's activation with a bic


which of the following is incorrect about the post licensing requirement of a provisional broker?
1
PAGE




a: the due date of the post licensing education is the anniversary date of licensure


@COPYRIGHT BRAINBARTER 2025/2026

, b: post licensing consists of three 30 hour courses which may be taken in any order and must be
completed within 3 years of the date of licensure
c: post licensing courses end on june 10th and must be completed for the provisional broker to
renew their license on june 30th
d: if a provisional broker does not complete post licensing by the deadlines their license will
become inactive - ans c: post licensing courses end on june 10th and must be completed for
the provisional broker to renew their license on june 30th


if a licensee does not pay their renewal fee on or before june 30 of the year, what is the time
period for the licensee to reinstate their license without the imposition of additional
educational requirements?
a: 30 days
b: 60 days
c: 6 months

d: one year - ans c: 6 months


judy is an unlicensed individual. her parents are selling their own home as for sale by owner
without the representation of a real estate licensee. while her parents are on vacation, judy
shows the home to some interested potential buyers and has long conversations with them
about the conditions under which they may purchase her parent's home. judy's parents do not
pay her in cash but instead offer to send on an upcoming vacation. is judy in violation of nc
licensing law?
a: no because the home is her parent's own property and it is therefore exempt from the
licensure requirement.
b: no, because judy did not receive any cash payment for her activity.
c: yes, judy is engaged in the business of real estate without a license
d: yes because judy is legally required to obtain a power of attorney from her parents in this
instance. - ans c: yes, judy is engaged in the business of real estate without a license


a provisional broker obtains their nc real estate license on april 15th and joins a real estate firm.
2




in order to remain active, the broker must pay the renewal fee to the nc real estate commission
PAGE




on or before:


@COPYRIGHT BRAINBARTER 2025/2026

, a: june 30 of the current year
b: june 30 of the following year
c: june 10 of the current year

d: december 31 of the current year - ans a: june 30 of the current year


the nc homestead exemption would be of importance and have the greatest impact on:
a: a borrower who is in default on their property and facing foreclosure
b: an individual who filed bankruptcy due to excessive medical bills and judgment liens
c: an investor who must engage in the short sale of an investment property

da married couple who is selling their primary residence to a buyer - ans b: an individual who
filed bankruptcy due to excessive medical bills and judgment liens


jack is a licensed real estate professional in illinois. he has been a broker for many years, but is
not licensed in nc. jack has a friend who wants to purchase a home in charlotte, nc. in regard to
the representation of this buyer all of the following are true, except:
a: jack may refer the buyer to a licensed nc broker and receive a referral fee even though he is
not licensed in nc.
b: jack may meet with the buyer in illinois and explain the purchase process and answer
questions about the nc transaction.
c: so long as jack affiliates with a nc broker he may accompany the buyer to north carolina and
assist in showing the buyer property
d: the nc real estate commission does not have jurisdiction over jack unless jack conducts illegal
brokerage activities in nc - ans c: so long as jack affiliates with a nc broker he may accompany
the buyer to north carolina and assist in showing the buyer property


sherry is a provisional broker who works for a residential sales bic and firm in north carolina.
sherry has a couple of clients who want her to manage their rental properties. what are sherry's
options?
3
PAGE




@COPYRIGHT BRAINBARTER 2025/2026

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
Brainbarter Kaplan University
View profile
Follow You need to be logged in order to follow users or courses
Sold
322
Member since
2 year
Number of followers
153
Documents
22254
Last sold
1 day ago
A+ STUDY MATERIALS.

We offer a wide range of high-quality study materials, including study guides practice exams and flashcards. WELCOME.

3.5

54 reviews

5
21
4
8
3
12
2
4
1
9

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions