NC REAL ESTATE EXAM 3 (LTP STATE PORTION) WITH ALL
NEEDED TO PASS
1.What Ris Rthe Rlicense Rstatus Rof Ra Rlicensee Ron RJune R28th Rif Rthey Rfailed
Rto Rcom- Rplete Rtheir Rrequired Rcontinuing Reducation Rfor Rthe Rlicense
Ryear?: RThe Rlicensee's Rlicense Rstatus Rwill Rbe Ractive Ron Rthe R28th Rbut
Rwill Rbecome Rinactive Ron RJuly R1st
2.A Rbroker Rdiscovers Ra Rseller Rclient Rwho Rowns Ra Rproperty Rin Rseveralty
Rrecently Rmarried. RWhich Rof Rthe Rfollowing Rstatements Ris RTRUE?: RThe
Rbroker Rshould Rnotify Rthe Rseller Rthat Rthe Rnew Rspouse Rmust Rsign Rto
Rsell Rfor Rmarketable Rtitle
3.Which Rof Rthe Rfollowing Ris RTRUE Rregarding Ran Ragent's Robligation
Rregarding Ragency Rdisclosure?: RAn Rauctioneer Rwho Rsells Rreal Rproperty
Ris Rexempt Rfrom Rthe Ragency Rdisclosure Robligations Rregarding Ragency
Rstatus Rto Rbidders Rat Ran Rauction Rsale
4.A Rbuyer Ris Rworking Rwith Ra Rsubagent Rat RPQR RRealty. RThe Rbuyer
Rmakes Ran Roffer Ron Ra Rproperty Rlisted Rwith RXYZ RReal REstate. RThe Rbuyer
Rand Rseller Rnegotiate Rback Rand Rforth Rand Rfinally Rmake Ran Roral
Ragreement Rfor Rthe Rpurchase. RThe Rsubagent Rfrom RPQR RRealty Rprepares
Rthe Rpaperwork Rwith Rone Rminor Rchange, Rthen Rthe Rbuyer Rsigns
Reverything, Rincluding Rthe Ragency Rdisclosure Rform. RThe Rlisting Ragent
Rtakes Rit Rto Rthe Rseller, Rand Rhe Raccepts Rthe Rterms, Rincluding Rthe Rminor
1 R/
R4
NEEDED TO PASS
1.What Ris Rthe Rlicense Rstatus Rof Ra Rlicensee Ron RJune R28th Rif Rthey Rfailed
Rto Rcom- Rplete Rtheir Rrequired Rcontinuing Reducation Rfor Rthe Rlicense
Ryear?: RThe Rlicensee's Rlicense Rstatus Rwill Rbe Ractive Ron Rthe R28th Rbut
Rwill Rbecome Rinactive Ron RJuly R1st
2.A Rbroker Rdiscovers Ra Rseller Rclient Rwho Rowns Ra Rproperty Rin Rseveralty
Rrecently Rmarried. RWhich Rof Rthe Rfollowing Rstatements Ris RTRUE?: RThe
Rbroker Rshould Rnotify Rthe Rseller Rthat Rthe Rnew Rspouse Rmust Rsign Rto
Rsell Rfor Rmarketable Rtitle
3.Which Rof Rthe Rfollowing Ris RTRUE Rregarding Ran Ragent's Robligation
Rregarding Ragency Rdisclosure?: RAn Rauctioneer Rwho Rsells Rreal Rproperty
Ris Rexempt Rfrom Rthe Ragency Rdisclosure Robligations Rregarding Ragency
Rstatus Rto Rbidders Rat Ran Rauction Rsale
4.A Rbuyer Ris Rworking Rwith Ra Rsubagent Rat RPQR RRealty. RThe Rbuyer
Rmakes Ran Roffer Ron Ra Rproperty Rlisted Rwith RXYZ RReal REstate. RThe Rbuyer
Rand Rseller Rnegotiate Rback Rand Rforth Rand Rfinally Rmake Ran Roral
Ragreement Rfor Rthe Rpurchase. RThe Rsubagent Rfrom RPQR RRealty Rprepares
Rthe Rpaperwork Rwith Rone Rminor Rchange, Rthen Rthe Rbuyer Rsigns
Reverything, Rincluding Rthe Ragency Rdisclosure Rform. RThe Rlisting Ragent
Rtakes Rit Rto Rthe Rseller, Rand Rhe Raccepts Rthe Rterms, Rincluding Rthe Rminor
1 R/
R4
