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North Carolina Real Estate Commission NC Real Estate Broker National Sample Questions:

1. Which statement about postlicensing education requirements for North Carolina provisional brokers is TRUE?

A) The required postlicensing education program consists of three 30-hour courses.
B) If a provisional broker does not complete the required postlicensing education, their license is revoked.
C) A new provisional broker has two years to complete the required postlicensing education.
D) The required postlicensing education must be completed before a provisional broker license can be activated.

2. According to the North Carolina Real Estate Commission Rules, a broker must deliver a copy of any signed purchase agreement to their client or customer within ____ of receipt.

A) 24 hours
B) 4 days
C) 3 days
D) 2 days

3. A North Carolina broker has been practicing real estate for 10 years for a firm in Asheville. The broker just bought a home on Oak Island and would like to split their time between the mountains and the shore. Under what circumstances could the broker affiliate with two different brokers-in-charge?

A) If the broker operates as a sole proprietorship
B) If the broker gets the express consent of both brokers-in-charge
C) Under no circumstances
D) If the broker limits their practice to commercial transactions

4. In North Carolina, a buyer agent must disclose their agency status to the seller or the seller's agent:

A) no later than when presenting an offer.
B) at the first substantial contact.
C) at the initial contact.
D) no later than the first showing of the property.

5. When must a North Carolina broker provide a copy of the Working With Real Estate Agents (WWREA) Disclosure to a prospective buyer or seller?

A) At the first substantial contact
B) No later than when an offer is submitted
C) At the very first contact
D) Within 24 hours of the first substantial contact

Solutions: