1|Page
301 NC POST LICENSING EXAM NEWEST 2025
VERSION 1 AND 2 ACTUAL EXAM COMPLETE 300
QUESTIONS AND CORRECT DETAILED ANSWERS
(VERIFIED& |ALREADY GRADED A+|Latest Update
A licensee does not have actual knowledge of a material
fact and consequently does not disclose the fact, but a
reasonably prudent licensee "should reasonably have
known" of such fact. In this case, the licensee may be
guilty of which of the following if they fail to disclose this
fact to a buyer, seller, landlord, or tenant, even though the
licensee acted in good faith in the transaction.
A) Willful omission
B) Willful misrepresentation
C) Negligent misrepresentation
,2|Page
D) Negligent omission - ANSWER-D) Negligent omission
Travis is holding an open house and Sarah stops by to
view the home. Sarah starts to tell Travis how much she
would be willing to pay for the property when she makes
an offer. At this point, Travis discloses that he and his firm
are representing the seller only, then notifies Sarah of her
agency options. The seller has already agreed to dual
agency. If Sarah wants to make an offer on the property
and she agrees to dual agency as well, this would be an
example of which of the following?
A) Intentional, undisclosed dual agency
B) Unintentional, disclosed dual agency
C) Unintentional, undisclosed dual agency
,3|Page
D) Intentional, disclosed dual agency - ANSWER-D)
Intentional, disclosed dual agency
When a broker is selling a property they have an
ownership interest in, they need to disclose they have a
real estate license, and the North Carolina Real Estate
Commission rules state that
A) the broker can represent a buyer or offer to represent a
buyer in the purchase of a property the broker has an
ownership interest in so long as the broker discloses the
ownership interest and gets consent to act as a buyer
agent.
B) the broker can represent the buyer or offer to represent
the buyer as long as the broker does not have a conflict of
interest.
, 4|Page
C) the broker cannot represent the buyer or offer to
represent the buyer unless they have permission from
their broker-in-charge.
D) the broker cannot represent a buyer or offer to
represent a buyer in the purchase of a property the broker
has an ownership interest in. - ANSWER-D) the broker
cannot represent a buyer or offer to represent a buyer in
the purchase of a property the broker has an ownership
interest in.
Who decides whether a listing firm will cooperate with
other firms to procure a buyer for the property?
A) Buyer-agent firm
B) Listing firm
301 NC POST LICENSING EXAM NEWEST 2025
VERSION 1 AND 2 ACTUAL EXAM COMPLETE 300
QUESTIONS AND CORRECT DETAILED ANSWERS
(VERIFIED& |ALREADY GRADED A+|Latest Update
A licensee does not have actual knowledge of a material
fact and consequently does not disclose the fact, but a
reasonably prudent licensee "should reasonably have
known" of such fact. In this case, the licensee may be
guilty of which of the following if they fail to disclose this
fact to a buyer, seller, landlord, or tenant, even though the
licensee acted in good faith in the transaction.
A) Willful omission
B) Willful misrepresentation
C) Negligent misrepresentation
,2|Page
D) Negligent omission - ANSWER-D) Negligent omission
Travis is holding an open house and Sarah stops by to
view the home. Sarah starts to tell Travis how much she
would be willing to pay for the property when she makes
an offer. At this point, Travis discloses that he and his firm
are representing the seller only, then notifies Sarah of her
agency options. The seller has already agreed to dual
agency. If Sarah wants to make an offer on the property
and she agrees to dual agency as well, this would be an
example of which of the following?
A) Intentional, undisclosed dual agency
B) Unintentional, disclosed dual agency
C) Unintentional, undisclosed dual agency
,3|Page
D) Intentional, disclosed dual agency - ANSWER-D)
Intentional, disclosed dual agency
When a broker is selling a property they have an
ownership interest in, they need to disclose they have a
real estate license, and the North Carolina Real Estate
Commission rules state that
A) the broker can represent a buyer or offer to represent a
buyer in the purchase of a property the broker has an
ownership interest in so long as the broker discloses the
ownership interest and gets consent to act as a buyer
agent.
B) the broker can represent the buyer or offer to represent
the buyer as long as the broker does not have a conflict of
interest.
, 4|Page
C) the broker cannot represent the buyer or offer to
represent the buyer unless they have permission from
their broker-in-charge.
D) the broker cannot represent a buyer or offer to
represent a buyer in the purchase of a property the broker
has an ownership interest in. - ANSWER-D) the broker
cannot represent a buyer or offer to represent a buyer in
the purchase of a property the broker has an ownership
interest in.
Who decides whether a listing firm will cooperate with
other firms to procure a buyer for the property?
A) Buyer-agent firm
B) Listing firm
