1
For Expert help and assignment solutions, +254707240657
NC Real Estate Exam State Portion
Questions and Answers (100% Correct
Answers) Already Graded A+
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
© 2025 Assignment Expert
B: at initial contact with the seller
C: at the time the buyer's agent shows the seller's property
Guru01 - Stuvia
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
, 2
For Expert help and assignment solutions, +254707240657
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
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
© 2025 Assignment Expert
completed for the provisional broker to renew their license on
June 30th
D: if a provisional broker does not complete post licensing by the
Guru01 - Stuvia
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
, 3
For Expert help and assignment solutions, +254707240657
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.
© 2025 Assignment Expert
C: Yes, Judy is engaged in the business of real estate without a
license
Guru01 - Stuvia
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:
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
, 4
For Expert help and assignment solutions, +254707240657
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
© 2025 Assignment Expert
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
Guru01 - Stuvia
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
For Expert help and assignment solutions, +254707240657
NC Real Estate Exam State Portion
Questions and Answers (100% Correct
Answers) Already Graded A+
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
© 2025 Assignment Expert
B: at initial contact with the seller
C: at the time the buyer's agent shows the seller's property
Guru01 - Stuvia
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
, 2
For Expert help and assignment solutions, +254707240657
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
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
© 2025 Assignment Expert
completed for the provisional broker to renew their license on
June 30th
D: if a provisional broker does not complete post licensing by the
Guru01 - Stuvia
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
, 3
For Expert help and assignment solutions, +254707240657
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.
© 2025 Assignment Expert
C: Yes, Judy is engaged in the business of real estate without a
license
Guru01 - Stuvia
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:
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
, 4
For Expert help and assignment solutions, +254707240657
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
© 2025 Assignment Expert
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
Guru01 - Stuvia
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
