NC REAL ESTATE EXAM NEWEST 2026 ACTUAL EXAM
TEST BANK| NORTH CAROLINA REAL ESTATE EXAM
PREP WITH COMPLETE 550 REAL EXAM QUESTIONS
AND CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) ALREADY GRADED A+ (MOST RECENT!!)
Question 1: ______ is responsible for real estate licensing in
North Carolina.
A. Federal Real Estate Commission
B. Housing and Urban Development
C. North Carolina Real Estate Commission (NCREC)
D. County Clerks Office
Correct Answer: C
Rationale: The North Carolina Real Estate Commission (NCREC) is
the state agency responsible for real estate licensees, education,
and other resources regarding real estate in the state of North
Carolina. It regulates the licensing and activities of real estate
brokers and firms operating within the state .
Question 2: How many total members serve on the North
Carolina Real Estate Commission?
1
,A. 5 members
B. 7 members
C. 9 members
D. 11 members
Correct Answer: C
Rationale: There are a total of 9 members on the NC Real Estate
Commission. Seven of these members are appointed by the
Governor, and two are appointed by the General Assembly
(one on the recommendation of the President Pro Tempore of the
Senate and one on the recommendation of the Speaker of the
House of Representatives) .
Question 3: How many members of the NCREC must be
licensed brokers?
A. 2
B. 3
C. 5
D. 7
Correct Answer: B
2
,Rationale: Three members of the NCREC need to be licensed
brokers. The remaining members do not need to be licensed. This
composition ensures that the commission includes both industry
expertise and public representation .
Question 4: All 9 members of the NCREC serve a _____ year
term.
A. 2 year
B. 3 year
C. 4 year
D. 6 year
Correct Answer: B
Rationale: All 9 members of the North Carolina Real Estate
Commission serve a 3-year term. This staggered term structure
helps maintain continuity while allowing for regular updates to
commission membership .
Question 5: Which of the following statements about the
NCREC's structure is TRUE?
3
, A. All commissioners must have an active relationship to the real
estate business
B. All commissioners except 2 must have some active relationship
to the real estate business
C. Only the chairman must have real estate experience
D. No commissioners are required to have real estate experience
Correct Answer: B
Rationale: All commissioners except 2 must have some active
relationship to the real estate business. Two members can have
no active relationship to real estate, representing the public
interest .
Question 6: How is the NCREC funded?
A. Annual appropriations from the state legislature
B. Federal grants from HUD
C. Self-funded by fees paid for renewals, application fees, and
other fees paid by licensees
D. Property taxes collected by counties
Correct Answer: C
4
TEST BANK| NORTH CAROLINA REAL ESTATE EXAM
PREP WITH COMPLETE 550 REAL EXAM QUESTIONS
AND CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) ALREADY GRADED A+ (MOST RECENT!!)
Question 1: ______ is responsible for real estate licensing in
North Carolina.
A. Federal Real Estate Commission
B. Housing and Urban Development
C. North Carolina Real Estate Commission (NCREC)
D. County Clerks Office
Correct Answer: C
Rationale: The North Carolina Real Estate Commission (NCREC) is
the state agency responsible for real estate licensees, education,
and other resources regarding real estate in the state of North
Carolina. It regulates the licensing and activities of real estate
brokers and firms operating within the state .
Question 2: How many total members serve on the North
Carolina Real Estate Commission?
1
,A. 5 members
B. 7 members
C. 9 members
D. 11 members
Correct Answer: C
Rationale: There are a total of 9 members on the NC Real Estate
Commission. Seven of these members are appointed by the
Governor, and two are appointed by the General Assembly
(one on the recommendation of the President Pro Tempore of the
Senate and one on the recommendation of the Speaker of the
House of Representatives) .
Question 3: How many members of the NCREC must be
licensed brokers?
A. 2
B. 3
C. 5
D. 7
Correct Answer: B
2
,Rationale: Three members of the NCREC need to be licensed
brokers. The remaining members do not need to be licensed. This
composition ensures that the commission includes both industry
expertise and public representation .
Question 4: All 9 members of the NCREC serve a _____ year
term.
A. 2 year
B. 3 year
C. 4 year
D. 6 year
Correct Answer: B
Rationale: All 9 members of the North Carolina Real Estate
Commission serve a 3-year term. This staggered term structure
helps maintain continuity while allowing for regular updates to
commission membership .
Question 5: Which of the following statements about the
NCREC's structure is TRUE?
3
, A. All commissioners must have an active relationship to the real
estate business
B. All commissioners except 2 must have some active relationship
to the real estate business
C. Only the chairman must have real estate experience
D. No commissioners are required to have real estate experience
Correct Answer: B
Rationale: All commissioners except 2 must have some active
relationship to the real estate business. Two members can have
no active relationship to real estate, representing the public
interest .
Question 6: How is the NCREC funded?
A. Annual appropriations from the state legislature
B. Federal grants from HUD
C. Self-funded by fees paid for renewals, application fees, and
other fees paid by licensees
D. Property taxes collected by counties
Correct Answer: C
4
