STATE PORTION COMPREHENSIVE
EXAMINATION TEST 2026 STUDY
GUIDE QUESTIONS WITH DETAILED
SOLUTIONS
◉ A North Carolina provisional broker may advertise a property only if
the broker Answer: uses the employing brokers name or the firm name
in the advertisement
◉ Which of the following is not a material fact in North Carolina?
Answer: Polybutylene pipes have that have never leaked.
◉ Which of the following is considered to be a material fact in North
Carolina? Answer: Nearby land is being considered for a landfill
◉ A real estate licensee with a newly issued provisional broker license
Answer: must be affiliated with a supervising broker-in-charge to
activate the license
◉ A licensees pocket renewal card must be Answer: carried by the
licensee when conducting real estate brokerage activities.
,◉ A North Carolina provisional broker may accept compensation
Answer: from his/her employing broker
◉ The North Carolina real estate commission can use all of the
following disciplinary actions EXCEPT Answer: order the licensee to
pay a fine
◉ A broker received both an earnest money deposit check and a tenant
security deposit check. The broker must deposit the checks in a trust
account within in three Answer: banking days after acceptance of the
contract or lease
◉ A broker cannot legally collect commissions from both the seller and
the buyer without Answer: the prior knowledge and written consent of
both the seller and the buyer
◉ Which of the following statements is TRUE regarding North Carolina
subdivisions? Answer: the final subdivision plat must be recorded before
closing on any lot.
◉ Whether subdivision are publicly or privately owned and maintained
is Answer: a material fact that must always be disclosed by a real estate
broker
◉ Which of the following is an essential element of a valid North
Carolina deed? Answer: words of conveyance
, ◉ The broker receives an earnest money deposit from a buyer. In
accordance with commission rules, the broker deposits money into a
trust account. Had the broker deposits the money into a trust account.
Had the broker mistakenly deposited the money into the firms general
operating account, the broker could be charged with Answer:
commingling
◉ A North Carolina provisional broker obtained an offer for a property
listed with his firm along with a check for earnest money. The
provisional broker should Answer: immediately deliver the check to his
broker-in-charge
◉ In North Carolina, oral buyer agency Answer: must be non-exclusive
and have no expiration date
◉ The North Carolina working real estate agents brochure must be given
Answer: to all consumers in sales transaction no later than first
substantial contact
◉ Which of the following statements is TRUE about the North Carolina
working with real estate agents brochure? Answer: the real estate agent
must review the agency options in the brochure with the consumer
◉ Which of the following would not make a contract voidable Answer:
the buyer has been adjudicated incompetent by court of competent
jurisdiction