NC REAL ESTATE EXAM NEWEST 2026 ACTUAL
EXAM TEST BANK| NORTH CAROLINA REAL ESTATE
EXAM PREP WITH COMPLETE 550 REAL EXAM
QUESTIONS AND CORRECT VERIFIED ANSWERS/
ALREADY GRADED A+ (MOST RECENT!!)
______ is responsible for real estate licensing.
A. Federal Real Estate Commission
B. Housing and Urban Development
C. North Carolina Real Estate Commission (NCREC)
D. County Clerks Office - Correct Answer - C. North Carolina Real
Estate Commission (NCREC)
This commission is responsible for real estate licensees, education, and
other resources regarding real estate in the state of North Carolina.
Which type of lien provides security to persons that work on real
property owned by others?
A. Mortgage lien
B. Mechanic's lien
C. Real estate tax lien
D. State income tax lien - Correct Answer - B) Mechanic's lien
This type of lien is typically used to guarantee of payment to builders,
contractors, and construction firms
Which type of broker licence status category is "entry level" and
requires supervision?
pg. 1
,A. Provisional broker
B. Broker in charge
C. Broker
D. There is no such license status category - Correct Answer - A)
Provisional broker
This is an entry level license status and only requires 75 hours of pre-
licensing education and passing of the license examination
Which non-profit trade association represents 46 local real estate
associations in North Carolina and provides opportunities and resources
that aid the members?
A. North Carolina Association of Real Estate Brokers
B. National Association of Real Estate Brokers
C. The Association of Real Estate License Law Officials
D. The National Association of Realtors - Correct Answer - A) North
Carolina Association of Realtors
This state organization is non-profit and was founded in 1921. It is one
of the largest and most influential sate associations in the state. It has a
membership of over 47,000 professionals.
Real estate applicants must provide proof that they possess ________.
A. General moral character
B. The ability to sell
C. Organization skills
D. Communication skills - Correct Answer - A) General moral character
The applicant must possess general moral character as well as
competency, honesty, truthfulness, and integrity.
pg. 2
,A _________ is a licensee who has the responsibility of supervision in
real estate.
A. Broker in charge
B. Provisional broker
C. Managing broker
D. Broker - Correct Answer - A) Broker in charge
A broker in charge has supervision over provisional brokers who are
engaged in real estate at a specified office.
Which of the following is a state North Carolina does not have
reciprocity with?
A. Arkansas
B. West Virginia
C. South Carolina
D. Virginia - Correct Answer - D) Virginia
Virginia is a state that does not have reciprocity with North Carolina.
Other states North Carolina has reciprocity with is Connecticut, Georgia,
Iowa, Louisiana, Mississippi, Nebraska, and Tennessee.
A real estate license in North Carolina is issues for a _______.
A. 3- year period
B. 5- year period
C. 1- year period
D. 10- year period - Correct Answer - C) 1- year period
The North Carolina license expires every year on June 30th and the
license can be renewed 45 days prior to the expiration.
pg. 3
, There is only one type of real estate license in North Carolina which is
___________.
A. Broker
B. Provisional broker
C. Sales agent
D. Broker in charge - Correct Answer - A) Broker
While there is only one type of real estate license in North Carolina,
there are numerous types of license status categories such as provision
brokers and broker in charge.
North Carolina requires all counties to conduct reappraisals at lease
every ______________.
A. 4 years
B. 8 years
C. 2 years
D. 10 years - Correct Answer - B) 8 years
The machinery act states that all counties must conduct a reappraisal
every 8 years. A majority of counties conduct reappraisals within 8 years
and some conduct reappraisals every 4 years.
How many hours of continuing education must be completed during the
renewal period?
A. 25 hours
B. 5 hours
C. 10 hours
D. 8 hours - Correct Answer - D) 8 hours
pg. 4
EXAM TEST BANK| NORTH CAROLINA REAL ESTATE
EXAM PREP WITH COMPLETE 550 REAL EXAM
QUESTIONS AND CORRECT VERIFIED ANSWERS/
ALREADY GRADED A+ (MOST RECENT!!)
______ is responsible for real estate licensing.
A. Federal Real Estate Commission
B. Housing and Urban Development
C. North Carolina Real Estate Commission (NCREC)
D. County Clerks Office - Correct Answer - C. North Carolina Real
Estate Commission (NCREC)
This commission is responsible for real estate licensees, education, and
other resources regarding real estate in the state of North Carolina.
Which type of lien provides security to persons that work on real
property owned by others?
A. Mortgage lien
B. Mechanic's lien
C. Real estate tax lien
D. State income tax lien - Correct Answer - B) Mechanic's lien
This type of lien is typically used to guarantee of payment to builders,
contractors, and construction firms
Which type of broker licence status category is "entry level" and
requires supervision?
pg. 1
,A. Provisional broker
B. Broker in charge
C. Broker
D. There is no such license status category - Correct Answer - A)
Provisional broker
This is an entry level license status and only requires 75 hours of pre-
licensing education and passing of the license examination
Which non-profit trade association represents 46 local real estate
associations in North Carolina and provides opportunities and resources
that aid the members?
A. North Carolina Association of Real Estate Brokers
B. National Association of Real Estate Brokers
C. The Association of Real Estate License Law Officials
D. The National Association of Realtors - Correct Answer - A) North
Carolina Association of Realtors
This state organization is non-profit and was founded in 1921. It is one
of the largest and most influential sate associations in the state. It has a
membership of over 47,000 professionals.
Real estate applicants must provide proof that they possess ________.
A. General moral character
B. The ability to sell
C. Organization skills
D. Communication skills - Correct Answer - A) General moral character
The applicant must possess general moral character as well as
competency, honesty, truthfulness, and integrity.
pg. 2
,A _________ is a licensee who has the responsibility of supervision in
real estate.
A. Broker in charge
B. Provisional broker
C. Managing broker
D. Broker - Correct Answer - A) Broker in charge
A broker in charge has supervision over provisional brokers who are
engaged in real estate at a specified office.
Which of the following is a state North Carolina does not have
reciprocity with?
A. Arkansas
B. West Virginia
C. South Carolina
D. Virginia - Correct Answer - D) Virginia
Virginia is a state that does not have reciprocity with North Carolina.
Other states North Carolina has reciprocity with is Connecticut, Georgia,
Iowa, Louisiana, Mississippi, Nebraska, and Tennessee.
A real estate license in North Carolina is issues for a _______.
A. 3- year period
B. 5- year period
C. 1- year period
D. 10- year period - Correct Answer - C) 1- year period
The North Carolina license expires every year on June 30th and the
license can be renewed 45 days prior to the expiration.
pg. 3
, There is only one type of real estate license in North Carolina which is
___________.
A. Broker
B. Provisional broker
C. Sales agent
D. Broker in charge - Correct Answer - A) Broker
While there is only one type of real estate license in North Carolina,
there are numerous types of license status categories such as provision
brokers and broker in charge.
North Carolina requires all counties to conduct reappraisals at lease
every ______________.
A. 4 years
B. 8 years
C. 2 years
D. 10 years - Correct Answer - B) 8 years
The machinery act states that all counties must conduct a reappraisal
every 8 years. A majority of counties conduct reappraisals within 8 years
and some conduct reappraisals every 4 years.
How many hours of continuing education must be completed during the
renewal period?
A. 25 hours
B. 5 hours
C. 10 hours
D. 8 hours - Correct Answer - D) 8 hours
pg. 4
