NC Post-Licensing 303 Updated Actual
Exam Question and Answer (2026/2027)
| Detailed Rationales
• How can North Carolina landlords remove tenants who engage in illegal
activities like drug manufacturing on the premises? -✓✓ Send the tenant a notice
of immediate lease termination
• Which aspect of highest and best use is concerned with land use restrictions and
zoning? -✓✓ Is it legally allowable or permissible?
• In North Carolina, the Vacation Rental Act provides what kind of exception
regarding compensation for real estate brokerage activities? -✓✓ Under this act, a
travel agent who does not hold an active real estate license may accept a referral
fee for referring a tenant to a broker for a vacation rental if certain provisions are
met.
• Tenant A is leasing commercial property from the landlord. Tenant A then
sublets to Tenant B. Which of the following parties have a sandwich lease? -✓✓
The original tenant and the landlord
• Mike relocated for work and learned that the region in which he planned to buy a
home had many old underground mines. In fact, Mike might even need to purchase
mine subsidence insurance. What might a home inspector flag for Mike if there are
any concerns about undermining? -✓✓ A sinkhole on the property
• An underground storage tank has been in place for 15 years. What is its
remaining useful life, on average? -✓✓ Zero years
• Which of the following is described as an area that is protected by the Clean
Water Act where standing water that supports aquatic plants and animals is located
and groundwater is filtered? -✓✓ Wetland
• Before becoming a broker-in-charge, a North Carolina broker must first apply for
_______ with the NCREC. -✓✓ Eligibility
, • Dave is an employee of a housing authority in his North Carolina county. He's
been asked to lease one of the properties that the housing authority owns to a new
tenant. Does Dave need a real estate license for this? -✓✓ No. Dave qualifies for
the housing authority exemption wherein an employee is permitted to sell or lease
properties that are owned by the housing authority.
• It's fine for a personal assistant to answer a buyer's questions related to contract
terms if the personal assistant ______. -✓✓ Is licensed
• Which of the following is NOT a measure a developer must take to prevent
sedimentation? -✓✓ Deep rooting trees along shoreline
• Randall's clients, Carma and Trent, are looking for a mountain cabin. They tell
Randall they'll pay him a $2,000 finder's fee if he finds the cabin that checks all of
their boxes, and they close on it. Randall finds a likely candidate that's an FSBO,
and negotiations begin. What circumstance is required for Randall to receive the
finder's fee? -✓✓ Carma and Trent must pay the finder's fee to Randall's broker
• Which of the following would NOT be considered a violation of license law? -
✓✓ A timeshare salesperson who also has a legal license performing legal services
• Which of the following best describes a tenant's right to quiet enjoyment? -✓✓ A
tenant has the right to enjoy lawful use of the property without being dispossessed
or trespassed upon, even by the landlord.
• Ricky Nubbins is three months behind in his rent and has received several
reminders from the landlord that the rent is past due. As a result, the landlord has
begun working through proper channels to legally end Ricky's lease before the
contract end date. The landlord is terminating his lease through ______. -✓✓
Eviction
• What does "No Representation" mean on a North Carolina property disclosure
form? -✓✓ The seller is choosing not to disclose certain information.
• Devin, a homebuilder, was caught dumping a load of rubble in an area designated
as wetlands. "But I wasn't building anything," he explained. "I wasn't involved in
any development when I dumped the dirt there." Was his dumping a legal act? -✓✓
Exam Question and Answer (2026/2027)
| Detailed Rationales
• How can North Carolina landlords remove tenants who engage in illegal
activities like drug manufacturing on the premises? -✓✓ Send the tenant a notice
of immediate lease termination
• Which aspect of highest and best use is concerned with land use restrictions and
zoning? -✓✓ Is it legally allowable or permissible?
• In North Carolina, the Vacation Rental Act provides what kind of exception
regarding compensation for real estate brokerage activities? -✓✓ Under this act, a
travel agent who does not hold an active real estate license may accept a referral
fee for referring a tenant to a broker for a vacation rental if certain provisions are
met.
• Tenant A is leasing commercial property from the landlord. Tenant A then
sublets to Tenant B. Which of the following parties have a sandwich lease? -✓✓
The original tenant and the landlord
• Mike relocated for work and learned that the region in which he planned to buy a
home had many old underground mines. In fact, Mike might even need to purchase
mine subsidence insurance. What might a home inspector flag for Mike if there are
any concerns about undermining? -✓✓ A sinkhole on the property
• An underground storage tank has been in place for 15 years. What is its
remaining useful life, on average? -✓✓ Zero years
• Which of the following is described as an area that is protected by the Clean
Water Act where standing water that supports aquatic plants and animals is located
and groundwater is filtered? -✓✓ Wetland
• Before becoming a broker-in-charge, a North Carolina broker must first apply for
_______ with the NCREC. -✓✓ Eligibility
, • Dave is an employee of a housing authority in his North Carolina county. He's
been asked to lease one of the properties that the housing authority owns to a new
tenant. Does Dave need a real estate license for this? -✓✓ No. Dave qualifies for
the housing authority exemption wherein an employee is permitted to sell or lease
properties that are owned by the housing authority.
• It's fine for a personal assistant to answer a buyer's questions related to contract
terms if the personal assistant ______. -✓✓ Is licensed
• Which of the following is NOT a measure a developer must take to prevent
sedimentation? -✓✓ Deep rooting trees along shoreline
• Randall's clients, Carma and Trent, are looking for a mountain cabin. They tell
Randall they'll pay him a $2,000 finder's fee if he finds the cabin that checks all of
their boxes, and they close on it. Randall finds a likely candidate that's an FSBO,
and negotiations begin. What circumstance is required for Randall to receive the
finder's fee? -✓✓ Carma and Trent must pay the finder's fee to Randall's broker
• Which of the following would NOT be considered a violation of license law? -
✓✓ A timeshare salesperson who also has a legal license performing legal services
• Which of the following best describes a tenant's right to quiet enjoyment? -✓✓ A
tenant has the right to enjoy lawful use of the property without being dispossessed
or trespassed upon, even by the landlord.
• Ricky Nubbins is three months behind in his rent and has received several
reminders from the landlord that the rent is past due. As a result, the landlord has
begun working through proper channels to legally end Ricky's lease before the
contract end date. The landlord is terminating his lease through ______. -✓✓
Eviction
• What does "No Representation" mean on a North Carolina property disclosure
form? -✓✓ The seller is choosing not to disclose certain information.
• Devin, a homebuilder, was caught dumping a load of rubble in an area designated
as wetlands. "But I wasn't building anything," he explained. "I wasn't involved in
any development when I dumped the dirt there." Was his dumping a legal act? -✓✓
