NC Post Licensing 301 Prac ce Exam 1 88/100 Ques ons
and answers Newest RATED A+ 2025/2026 UPDATED
NEW!!
1/50 Under which of the following circumstances would the client and agent most likely
mutually agree to terminate a lis ng?
a A buyer approached the seller with a much higher offer than the current lis ng price.
b The agent and client don't agree on the best way to price, maintain, and market the property.
c The client has found a buyer and wants to avoid paying a commission.
d The client's cousin just became licensed and needs her first lis ng.
b The agent and client don't agree on the best way to price, maintain, and market the property.
2/50 Tabitha listed her property for sale, but it's been on the market for several months with
no offers. She decides to terminate her lis ng agreement and rent the property out instead of
selling it. Assuming that her lis ng agent has fulfilled all of his responsibili es under the
contract, can Tabitha terminate the contract before its expira on date?
a Only if she and the lis ng agent mutually agree to terminate the agreement.
b Only if she succeeds in conver ng it to a rental.
c Yes because she's received no offers on the lis ng.
d Yes, she is en tled to terminate at any me.
a Only if she and the lis ng agent mutually agree to terminate the agreement.
3/50 As a North Carolina property manager, which of the following is Luisa required to do?
a Act as the landlord’s representa ve in all ma9ers, including legal counsel.
b Advocate for the tenants’ interests above all others.
c Avoid performing any ac ons that would cons tute a landlord’s du es.
d Perform the du es of a landlord, as laid out in statute and the lease.
Perform the du es of a landlord, as laid out in statute and the lease.
4/50 It's January, and the pool at Roger's lis ng has been prepped for winter for several weeks.
The homeowner assures Roger that it's in good working order. Roger has no reason to disbelieve
, the homeowner, so he tells prospec ve buyers that the pool is fine. The property sells, spring
comes, and the new owners call to complain that the pump doesn't work, and the pool drain
appears to be clogged. What did Roger commit?
a Fraud
b Negligent misrepresenta on
c Roger did not commit a viola on
d Uninten onal misrepresenta on
d Uninten onal misrepresenta on
5/50 ______ occurs when one licensee represents both the buyer and seller in the same
transac on without proper disclosure and consent.
a A breach of contract
b A conflict of interest Wrong
c Disclosed dual agency
d Undisclosed dual agency
d Undisclosed dual agency
6/10 Which of the following is a true statement about an MLS and sellers?
a An MLS is available via a fee-based subscrip on and is an op on that most sellers prefer.
b An MLS is exclusive to members of the Na onal Associa on of REALTORS®.
c For most sellers, marke ng on an MLS is not cost effec ve.
d Sellers are required to market their proper es on an MLS if they're working with a real estate
licensee.
a An MLS is available via a fee-based subscrip on and is an op on that most sellers prefer.
7/50 All North Carolina lis ng agreements must ______.
a Be signed by both the buyer and the seller
b Contain discriminatory language
c Have a six-month term
d Include the lis ng broker’s license number
and answers Newest RATED A+ 2025/2026 UPDATED
NEW!!
1/50 Under which of the following circumstances would the client and agent most likely
mutually agree to terminate a lis ng?
a A buyer approached the seller with a much higher offer than the current lis ng price.
b The agent and client don't agree on the best way to price, maintain, and market the property.
c The client has found a buyer and wants to avoid paying a commission.
d The client's cousin just became licensed and needs her first lis ng.
b The agent and client don't agree on the best way to price, maintain, and market the property.
2/50 Tabitha listed her property for sale, but it's been on the market for several months with
no offers. She decides to terminate her lis ng agreement and rent the property out instead of
selling it. Assuming that her lis ng agent has fulfilled all of his responsibili es under the
contract, can Tabitha terminate the contract before its expira on date?
a Only if she and the lis ng agent mutually agree to terminate the agreement.
b Only if she succeeds in conver ng it to a rental.
c Yes because she's received no offers on the lis ng.
d Yes, she is en tled to terminate at any me.
a Only if she and the lis ng agent mutually agree to terminate the agreement.
3/50 As a North Carolina property manager, which of the following is Luisa required to do?
a Act as the landlord’s representa ve in all ma9ers, including legal counsel.
b Advocate for the tenants’ interests above all others.
c Avoid performing any ac ons that would cons tute a landlord’s du es.
d Perform the du es of a landlord, as laid out in statute and the lease.
Perform the du es of a landlord, as laid out in statute and the lease.
4/50 It's January, and the pool at Roger's lis ng has been prepped for winter for several weeks.
The homeowner assures Roger that it's in good working order. Roger has no reason to disbelieve
, the homeowner, so he tells prospec ve buyers that the pool is fine. The property sells, spring
comes, and the new owners call to complain that the pump doesn't work, and the pool drain
appears to be clogged. What did Roger commit?
a Fraud
b Negligent misrepresenta on
c Roger did not commit a viola on
d Uninten onal misrepresenta on
d Uninten onal misrepresenta on
5/50 ______ occurs when one licensee represents both the buyer and seller in the same
transac on without proper disclosure and consent.
a A breach of contract
b A conflict of interest Wrong
c Disclosed dual agency
d Undisclosed dual agency
d Undisclosed dual agency
6/10 Which of the following is a true statement about an MLS and sellers?
a An MLS is available via a fee-based subscrip on and is an op on that most sellers prefer.
b An MLS is exclusive to members of the Na onal Associa on of REALTORS®.
c For most sellers, marke ng on an MLS is not cost effec ve.
d Sellers are required to market their proper es on an MLS if they're working with a real estate
licensee.
a An MLS is available via a fee-based subscrip on and is an op on that most sellers prefer.
7/50 All North Carolina lis ng agreements must ______.
a Be signed by both the buyer and the seller
b Contain discriminatory language
c Have a six-month term
d Include the lis ng broker’s license number
