303 NC POST LICENSING EXAM 2024
ACTUAL EXAM COMPLETE
ACCURATE EXAM QUESTIONS WITH
DETAILED VERIFIED ANSWERS BEST
AND NEWEST ACTUAL EXAM
/GRADED A+
North Carolina broker Dustin moved, changing his
permanent address. To comply with real estate
license law, who or what entity must Dustin notify? -
....ANSWER...The North Carolina Real Estate
Commission
Samson needs to get insurance for his new condo.
What type of insurance will cover his unit and all
personal property within the unit? - ....ANSWER...An
HO6 policy
BIC Sydney is planning to attend broker Alyssa's
closing on July 1 because Alyssa's license became
inactive on June 30. Alyssa's done all the work on
this transaction but simply forgot to take her CE.
,Which of the following statements is true? -
....ANSWER...Alyssa is still entitled to the commission
for performing brokerage services she earned prior
to the date her license became inactive.
North Carolina broker Kelly has been convicted of a
misdemeanor. She has _____ days to notify NCREC. -
....ANSWER...60
North Carolina broker-in-charge Caleb has let his
broker's license expire. What does that mean for his
BIC status? - ....ANSWER...His BIC-eligible status
terminates, and he'll need to start the process of
gaining eligibility over again.
According to the EPA, at what level does radon
become a health concern requiring mitigation? -
....ANSWER...4.0 picocuries per liter of air
Maxwell is a tenant. His lease has a fixed rent in
which the landlord pays all taxes, insurance, and
maintenance expenses. What type of lease does he
have? - ....ANSWER...Gross
,Chad, a landlord, made a pass at one of his tenants.
She refused his advances, and her rent increased
the following month. The other tenants didn't receive
a rent increase. How did Chad violate fair housing
law? - ....ANSWER...He created special terms for a
tenant based on sex.
In North Carolina, regular home financing might not
available for which type of dwelling? -
....ANSWER...Manufactured home
Where must North Carolina landlord Jesus deposit
residential tenants' security deposits? -
....ANSWER...In a trust account in a North Carolina
financial institution
Which type of properties are covered under the
North Carolina Vacation Rental Act? -
....ANSWER...Residential property rented for vacation,
leisure, or recreational purposes for fewer than 90
days
North Carolina broker Lark is acting as a broker-in-
charge for her brokerage office. What will Lark need
to do to maintain her eligible status to keep her BIC
, role? - ....ANSWER...She'll need to keep her broker's
license active.
Who is responsible for providing the seller's
property disclosure form to the buyers? -
....ANSWER...The seller
In North Carolina, which jurisdiction usually sets
zoning regulations? - ....ANSWER...City
Alex is a licensed broker at Burr Realty in
Greensboro, North Carolina. One of his
responsibilities is to notify NCREC if there are any
major changes with the brokerage, like name,
address, or key personnel changes. Based on this
information, what position does Alex hold? -
....ANSWER...Qualified broker
Terry is a North Carolina broker whose license was
revoked nine months ago. Which of the following is
NOT required for his license to be reinstated? -
....ANSWER...Completing the 75-hour pre-licensing
education course
ACTUAL EXAM COMPLETE
ACCURATE EXAM QUESTIONS WITH
DETAILED VERIFIED ANSWERS BEST
AND NEWEST ACTUAL EXAM
/GRADED A+
North Carolina broker Dustin moved, changing his
permanent address. To comply with real estate
license law, who or what entity must Dustin notify? -
....ANSWER...The North Carolina Real Estate
Commission
Samson needs to get insurance for his new condo.
What type of insurance will cover his unit and all
personal property within the unit? - ....ANSWER...An
HO6 policy
BIC Sydney is planning to attend broker Alyssa's
closing on July 1 because Alyssa's license became
inactive on June 30. Alyssa's done all the work on
this transaction but simply forgot to take her CE.
,Which of the following statements is true? -
....ANSWER...Alyssa is still entitled to the commission
for performing brokerage services she earned prior
to the date her license became inactive.
North Carolina broker Kelly has been convicted of a
misdemeanor. She has _____ days to notify NCREC. -
....ANSWER...60
North Carolina broker-in-charge Caleb has let his
broker's license expire. What does that mean for his
BIC status? - ....ANSWER...His BIC-eligible status
terminates, and he'll need to start the process of
gaining eligibility over again.
According to the EPA, at what level does radon
become a health concern requiring mitigation? -
....ANSWER...4.0 picocuries per liter of air
Maxwell is a tenant. His lease has a fixed rent in
which the landlord pays all taxes, insurance, and
maintenance expenses. What type of lease does he
have? - ....ANSWER...Gross
,Chad, a landlord, made a pass at one of his tenants.
She refused his advances, and her rent increased
the following month. The other tenants didn't receive
a rent increase. How did Chad violate fair housing
law? - ....ANSWER...He created special terms for a
tenant based on sex.
In North Carolina, regular home financing might not
available for which type of dwelling? -
....ANSWER...Manufactured home
Where must North Carolina landlord Jesus deposit
residential tenants' security deposits? -
....ANSWER...In a trust account in a North Carolina
financial institution
Which type of properties are covered under the
North Carolina Vacation Rental Act? -
....ANSWER...Residential property rented for vacation,
leisure, or recreational purposes for fewer than 90
days
North Carolina broker Lark is acting as a broker-in-
charge for her brokerage office. What will Lark need
to do to maintain her eligible status to keep her BIC
, role? - ....ANSWER...She'll need to keep her broker's
license active.
Who is responsible for providing the seller's
property disclosure form to the buyers? -
....ANSWER...The seller
In North Carolina, which jurisdiction usually sets
zoning regulations? - ....ANSWER...City
Alex is a licensed broker at Burr Realty in
Greensboro, North Carolina. One of his
responsibilities is to notify NCREC if there are any
major changes with the brokerage, like name,
address, or key personnel changes. Based on this
information, what position does Alex hold? -
....ANSWER...Qualified broker
Terry is a North Carolina broker whose license was
revoked nine months ago. Which of the following is
NOT required for his license to be reinstated? -
....ANSWER...Completing the 75-hour pre-licensing
education course
