1|Page
NC Post-Licensing 303 Exam ||Verified Exam!!|| Most
Recent Exam Actual Complete Real Exam Questions
And Correct Answers (Verified Answers) Already
Graded A+ |Newest Exam!!!|
Because a broker in charge is forbidden from paying an
unlicensed entity a commission, the BIC would want to
make sure the entity is licensed and that the broker who
uses the company has renewed his - Answer-for-
compensation-only firm license
Is paying a referral fee acceptable for a NC licensed
broker? - Answer-No not under any circumstances
Which of the following is NOT criteria for identifying a
person with a disability, according to HUD? - Answer-An
individual who says she has a disability
As part of a civil penalty for a conviction on fair housing
violations, the person could be asked to pay for the
victims' inconvenience, mental anguish, and out-of-pocket
expenses to acquire higher-priced housing. These are
called - Answer-actual damages
,2|Page
Once a fair housing complaint has been filed, an
investigation takes place and, if reasonable grounds exist
to believe an incident has occurred, the next likely step is -
Answer-for informal conferences and conciliation to
resolve the issue
There are two main enforcement agencies for the State
Fair Housing Act in North Carolina. One is the North
Carolina Human Relations Committee and the other is -
Answer-HUD
Is it permissible for an apartment complex to post a notice
outside the complex that says, "Free two months' rent with
a one-year lease? - Answer-Yes, it is offering a thing of
value to a party to the transaction
If a provisional broker earned a commission with a firm but
now works for another company, how would the
commission be paid? - Answer-The firm may pay the
provisional broker directly or pay the new broker-in-
charge, who can then pay the provisional broker
The NCREC will hear complaints concerning improper
compensation of both brokers and unlicensed persons but
, 3|Page
will not hear cases involving disputes under - Answer-a
brokerage cooperation agreement
In NC, if you choose to provide services for someone
without licensing, you may be guilty of - Answer-a Class 1
misdemeanour
A broker may set up a company for the sole purpose of
getting paid through the company instead of a 1099
independent contractor. The entity created for payments
must apply and obtain a firm broker license before.. -
Answer-any compensation is paid to the entity
Not only may an unlicensed person not practice real
estate in NC, but this person also may not be - Answer-
compensated for engaging in any real estate brokerage
activities
Helping buyers understand that their best bet is to stay in
neighbourhoods where they will feel comfortable with their
neighbours, and basing your efforts as an agent on the
race of national origin of the buyers is textbook - Answer-
Steering
NC Post-Licensing 303 Exam ||Verified Exam!!|| Most
Recent Exam Actual Complete Real Exam Questions
And Correct Answers (Verified Answers) Already
Graded A+ |Newest Exam!!!|
Because a broker in charge is forbidden from paying an
unlicensed entity a commission, the BIC would want to
make sure the entity is licensed and that the broker who
uses the company has renewed his - Answer-for-
compensation-only firm license
Is paying a referral fee acceptable for a NC licensed
broker? - Answer-No not under any circumstances
Which of the following is NOT criteria for identifying a
person with a disability, according to HUD? - Answer-An
individual who says she has a disability
As part of a civil penalty for a conviction on fair housing
violations, the person could be asked to pay for the
victims' inconvenience, mental anguish, and out-of-pocket
expenses to acquire higher-priced housing. These are
called - Answer-actual damages
,2|Page
Once a fair housing complaint has been filed, an
investigation takes place and, if reasonable grounds exist
to believe an incident has occurred, the next likely step is -
Answer-for informal conferences and conciliation to
resolve the issue
There are two main enforcement agencies for the State
Fair Housing Act in North Carolina. One is the North
Carolina Human Relations Committee and the other is -
Answer-HUD
Is it permissible for an apartment complex to post a notice
outside the complex that says, "Free two months' rent with
a one-year lease? - Answer-Yes, it is offering a thing of
value to a party to the transaction
If a provisional broker earned a commission with a firm but
now works for another company, how would the
commission be paid? - Answer-The firm may pay the
provisional broker directly or pay the new broker-in-
charge, who can then pay the provisional broker
The NCREC will hear complaints concerning improper
compensation of both brokers and unlicensed persons but
, 3|Page
will not hear cases involving disputes under - Answer-a
brokerage cooperation agreement
In NC, if you choose to provide services for someone
without licensing, you may be guilty of - Answer-a Class 1
misdemeanour
A broker may set up a company for the sole purpose of
getting paid through the company instead of a 1099
independent contractor. The entity created for payments
must apply and obtain a firm broker license before.. -
Answer-any compensation is paid to the entity
Not only may an unlicensed person not practice real
estate in NC, but this person also may not be - Answer-
compensated for engaging in any real estate brokerage
activities
Helping buyers understand that their best bet is to stay in
neighbourhoods where they will feel comfortable with their
neighbours, and basing your efforts as an agent on the
race of national origin of the buyers is textbook - Answer-
Steering
