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  • 301- NC POST LICENSING
  • 301- NC POST LICENSING
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301- Nc Post Licensing Questions With Accurate Answers

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Institution 301- NC POST LICENSING
Course 301- NC POST LICENSING
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301- NC POST LICENSING QUESTIONS WITH ACCURATE ANSWERS

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301- NC POST LICENSING QUESTIONS
WITH ACCURATE ANSWERS




Who gets paid in an Exclusive Right to Sell listing agreement? -
CORRECT_ANSWER_The listing agent, regardless of who brings a buyer, and likely
the buyer agent




Who gets paid in an exclusive listing agreement? - CORRECT_ANSWER_Whomever
brings a buyer




Who can sell a property in an Open listing? - CORRECT_ANSWER_Any actively
licensed agent




In a net listing money above the asking price is paid to whom? -
CORRECT_ANSWER_Listing Agent

, Who is the actual agent to the principle in a transaction? -
CORRECT_ANSWER_The Firm (Individual agents are sub agents to seller)




No M.O.G. is needed for what 3 listings? - CORRECT_ANSWER_Lease to purchase,
1st Dwelling, and Foreclosure




When should WWREA be explained / signed? - CORRECT_ANSWER_At first
substantial contact




If you miss the 6/10 Deadline for CE what must you do to re-activate your license?
- CORRECT_ANSWER_Complete latest General Update (4 Hours), and 3 CE Classes
(4 hours each) Total of 16 hours




Under NC License Law who can be held responsible for reporting Material Facts? -
CORRECT_ANSWER_Only Agents... (License Law)




Under Civil /Criminal law who can be held responsible for reporting Material
Facts? - CORRECT_ANSWER_Principles

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