NC Post-Licensing 303 Exam Ques ons with Correct
Answers Ques ons & Answers | 100% Verified
solu ons |Ques ons with Correct Answers 2026
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Mary, a woman of color, has filed a fair housing complaint a er suspec ng her real estate agent was only
showing her homes in communi es that were primarily made up of minori es. A er comple ng its
inves ga on, HUD found reasonable cause to believe that discrimina on occurred. What will happen
next? - answerHUD will issue a charge of discrimina on and will no fy Mary, the complainant, of its
determina on.
How can North Carolina landlords remove tenants who engage in illegal ac vi es like drug
manufacturing on the premises? - answerSend the tenant a no ce of immediate lease termina on
Which aspect of highest and best use is concerned with land use restric ons and zoning? - answerIs it
legally allowable or permissible?
In North Carolina, the Vaca on Rental Act provides what kind of excep on regarding compensa on for
real estate brokerage ac vi es? - answerUnder this act, a travel agent who does not hold an ac ve real
estate license may accept a referral fee for referring a tenant to a broker for a vaca on 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 par es have a sandwich lease? - answerThe 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? - answerA sinkhole on the
property
,An underground storage tank has been in place for 15 years. What is its remaining useful life, on
average? - answerZero years
Which of the following is described as an area that is protected by the Clean Water Act where standing
water that supports aqua c plants and animals is located and groundwater is filtered? - answerWetland
Before becoming a broker-in-charge, a North Carolina broker must first apply for _______ with the
NCREC. - answerEligibility
Dave is an employee of a housing authority in his North Carolina county. He's been asked to lease one of
the proper es that the housing authority owns to a new tenant. Does Dave need a real estate license for
this? - answerNo. Dave qualifies for the housing authority exemp on wherein an employee is permi ed
to sell or lease proper es that are owned by the housing authority.
It's fine for a personal assistant to answer a buyer's ques ons related to contract terms if the personal
assistant ______. - answerIs licensed
Which of the following is NOT a measure a developer must take to prevent sedimenta on? -
answerDeep roo ng 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 nego a ons begin. What circumstance is required for Randall to
receive the finder's fee? - answerCarma and Trent must pay the finder's fee to Randall's broker
Which of the following would NOT be considered a viola on of license law? - answerA meshare
salesperson who also has a legal license performing legal services
, Which of the following best describes a tenant's right to quiet enjoyment? - answerA 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 termina ng his lease through ______. -
answerEvic on
What does "No Representa on" mean on a North Carolina property disclosure form? - answerThe seller
is choosing not to disclose certain informa on.
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? - answerNo, because dumping material in a wetland is one of the
ac vi es that isn't allowed without a permit.
In order for North Carolina broker Meredith to accept compensa on from a home inspector for referring
a client, what must she disclose to the relevant transac on par es? - answerThe name of the inspec on
company and the type and amount of the compensa on
If a real estate agent realizes that the seller or landlord intends to discriminate against a member of a
protected class, which of the following is NOT a best prac ce response? - answerThe agent doesn't need
to do anything because the agent hasn't commi ed any discriminatory acts, and the client hasn't
actually discriminated yet.
A(n) ______ policy typically only covers the condominium buildings' structure and the common areas.
This type of policy o en does not cover the inside of the unit. - answerMaster insurance
-the condominium owners' associa on master insurance policy typically only covers the condominium
buildings and the common areas. This type of policy o en does not cover the inside of the unit.
Answers Ques ons & Answers | 100% Verified
solu ons |Ques ons with Correct Answers 2026
latest update!!
Mary, a woman of color, has filed a fair housing complaint a er suspec ng her real estate agent was only
showing her homes in communi es that were primarily made up of minori es. A er comple ng its
inves ga on, HUD found reasonable cause to believe that discrimina on occurred. What will happen
next? - answerHUD will issue a charge of discrimina on and will no fy Mary, the complainant, of its
determina on.
How can North Carolina landlords remove tenants who engage in illegal ac vi es like drug
manufacturing on the premises? - answerSend the tenant a no ce of immediate lease termina on
Which aspect of highest and best use is concerned with land use restric ons and zoning? - answerIs it
legally allowable or permissible?
In North Carolina, the Vaca on Rental Act provides what kind of excep on regarding compensa on for
real estate brokerage ac vi es? - answerUnder this act, a travel agent who does not hold an ac ve real
estate license may accept a referral fee for referring a tenant to a broker for a vaca on 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 par es have a sandwich lease? - answerThe 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? - answerA sinkhole on the
property
,An underground storage tank has been in place for 15 years. What is its remaining useful life, on
average? - answerZero years
Which of the following is described as an area that is protected by the Clean Water Act where standing
water that supports aqua c plants and animals is located and groundwater is filtered? - answerWetland
Before becoming a broker-in-charge, a North Carolina broker must first apply for _______ with the
NCREC. - answerEligibility
Dave is an employee of a housing authority in his North Carolina county. He's been asked to lease one of
the proper es that the housing authority owns to a new tenant. Does Dave need a real estate license for
this? - answerNo. Dave qualifies for the housing authority exemp on wherein an employee is permi ed
to sell or lease proper es that are owned by the housing authority.
It's fine for a personal assistant to answer a buyer's ques ons related to contract terms if the personal
assistant ______. - answerIs licensed
Which of the following is NOT a measure a developer must take to prevent sedimenta on? -
answerDeep roo ng 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 nego a ons begin. What circumstance is required for Randall to
receive the finder's fee? - answerCarma and Trent must pay the finder's fee to Randall's broker
Which of the following would NOT be considered a viola on of license law? - answerA meshare
salesperson who also has a legal license performing legal services
, Which of the following best describes a tenant's right to quiet enjoyment? - answerA 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 termina ng his lease through ______. -
answerEvic on
What does "No Representa on" mean on a North Carolina property disclosure form? - answerThe seller
is choosing not to disclose certain informa on.
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? - answerNo, because dumping material in a wetland is one of the
ac vi es that isn't allowed without a permit.
In order for North Carolina broker Meredith to accept compensa on from a home inspector for referring
a client, what must she disclose to the relevant transac on par es? - answerThe name of the inspec on
company and the type and amount of the compensa on
If a real estate agent realizes that the seller or landlord intends to discriminate against a member of a
protected class, which of the following is NOT a best prac ce response? - answerThe agent doesn't need
to do anything because the agent hasn't commi ed any discriminatory acts, and the client hasn't
actually discriminated yet.
A(n) ______ policy typically only covers the condominium buildings' structure and the common areas.
This type of policy o en does not cover the inside of the unit. - answerMaster insurance
-the condominium owners' associa on master insurance policy typically only covers the condominium
buildings and the common areas. This type of policy o en does not cover the inside of the unit.
