Nc real estate exam Guides d'étude, Notes de cours & Résumés

Busi 408 at UNC Chapel Hill's Kenan-Flagler Business School is taught by professor Chip Snively and Melissa Hart. This study guide contains the FULL PACKAGE for everything you need to know, including all class notes, midterm preparation (x2), final exam preparation, and notes from the textbook. It is crucial you do well in this course at it is the prerequisite for most other courses in the Business School, and corporate finance is the basic building block for your future career. Companies and bu...

Real Estate U Final Exam 2-Answered correctly-latest 2023/2024 Real Estate U Final Exam 2-Answered correctly-latest 2023/2024 Which of the following are tax-deductible expenses resulting from home ownership? Mortgage interest and property taxes Which of the following is true regarding the $500,000 exemption, in the sale of a personal residence, for a married couple filing jointly? A married couple can use the $500,000 joint exemption if only one meets the ownership requirement, but...

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NC Real Estate Exam Questions Which statute governs the ad valorem taxation of property? A. Machinery Act B. General Statute C. The Ad Valorem Act D. Real Estate Taxation Act - A. Machinery Act This act provides a framework for listing, appraising, and assessing real and personal property Which type of valuation technique applies a standard percentage increase or decrease to all property in a specified location? A. Valuation B. County appraisal C. Mass appraisal D. There is...

NC Real Estate Exam Questions (NC State Exam 2024) Questions With Complete Solutions!!

When did it become mandatory to have a license to do real estate? - July 1, 1957 When did it become mandatory to have a license to do real estate? - July 1, 1957 Who issues licenses? - NC real estate commission Who issues licenses? - NC real estate commission Do you have to be licensed to get paid for referrals? - Yes, you must have an active license Do you have to be licensed to get paid for referrals? - Yes, you must have an active license Brokerage activities requiring a lic...

Who must disclose material facts and to whom? - Only real estate brokers must discover and disclose material facts to everyone. All of the following are true EXCEPT: a) a listing agent has a higher duty to discover and disclose material facts because they have greater access to the property and information from the seller b) a broker who relies solely on what their client tells them does so at their peril. c) buyer agents can rely on the listing company's representations and have no duty ...

Method of describing land which is NOT used in North Carolina? - ANSWER Government rectangular survey In NC, the last day that real estate taxes for the current year may be paid without penalty is? - ANSWER By January 5th of the next year A description of property that reads "Beginning at the large oak tree on the Northern line of State Road 18, approximately one mile west to the intersection state road and the Great Southern Railroad right-of-way ,north approximately 15' along the drain...

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NC Real Estate Exam Prep Superior School Ch.2