NC POST LICENSING 303 EXAM SCRIPT
2026 COMPLETE QUESTIONS AND
SOLUTIONS 100% PASS
⩥ How can North Carolina landlords remove tenants who engage in
illegal activities like drug manufacturing on the premises? Answer: Send
the tenant a notice of immediate lease termination
⩥ Which aspect of highest and best use is concerned with land use
restrictions and zoning? Answer: 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?
Answer: 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? Answer: 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? Answer: A sinkhole on the property
⩥ An underground storage tank has been in place for 15 years. What is
its remaining useful life, on average? Answer: 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? Answer: Wetland
⩥ Before becoming a broker-in-charge, a North Carolina broker must
first apply for _______ with the NCREC. Answer: 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? Answer: 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 ______. Answer: Is licensed
⩥ Which of the following is NOT a measure a developer must take to
prevent sedimentation? Answer: 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? Answer:
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? Answer: 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? Answer: 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 ______. Answer: Eviction
⩥ What does "No Representation" mean on a North Carolina property
disclosure form? Answer: The seller is choosing not to disclose certain
information.
2026 COMPLETE QUESTIONS AND
SOLUTIONS 100% PASS
⩥ How can North Carolina landlords remove tenants who engage in
illegal activities like drug manufacturing on the premises? Answer: Send
the tenant a notice of immediate lease termination
⩥ Which aspect of highest and best use is concerned with land use
restrictions and zoning? Answer: 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?
Answer: 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? Answer: 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? Answer: A sinkhole on the property
⩥ An underground storage tank has been in place for 15 years. What is
its remaining useful life, on average? Answer: 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? Answer: Wetland
⩥ Before becoming a broker-in-charge, a North Carolina broker must
first apply for _______ with the NCREC. Answer: 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? Answer: 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 ______. Answer: Is licensed
⩥ Which of the following is NOT a measure a developer must take to
prevent sedimentation? Answer: 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? Answer:
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? Answer: 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? Answer: 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 ______. Answer: Eviction
⩥ What does "No Representation" mean on a North Carolina property
disclosure form? Answer: The seller is choosing not to disclose certain
information.
