NORTH CAROLINA REAL ESTATE EXAM SCRIPT
2026 COMPLETE BUNDLED QUESTIONS AND
VERIFIED SOLUTIONS
◉ appurtenant / appurtenances. Answer: attached to the land.
easements, covenants, they run with the land
◉ real estate/real estate/realty. Answer: land and anything that is
permanently attached or appurtenant to it
◉ encumbrance. Answer: a burden or impediment
◉ improvement. Answer: anything constructed that add value to
land; are appurtenant to the land
◉ 3 Calendar Days. Answer: Licensees must submit all
documentation to their BIC within ________ calendar days (counts
every day including holidays) from the time the document is
received by the licensee.
◉ Becoming a BIC in NC. Answer: Broker be on active status, be
nonprovisional, and have accumulated at least 2 years of full time
, brokerage experience that is recent...within the 5 years immediately
before becoming a BIC
◉ 3 years after the LAST service offered in the transaction. Answer:
Transaction files must be kept for _______ years after the LAST service
offered in the transaction
◉ Qualifying Broker. Answer: A qualifying broker is the name of the
licensed nonprovisional broker who has applied for and obtained
the firm license for a company that is going to offer real estate
services in North Carolina. The qualifying broker must have an
ownership interest in the company. If the company is an LLC, the QB
must be a director of the LLC. If the company is a corporation, the QB
must be an executive in the corporation. The QB must choose a BIC if
the firm will have one.
◉ The Qualifying Broker has two jobs. Answer: The Qualifying
Broker has two jobs and ONLY two jobs....renew the firm license and
hire/choose a Broker in Charge
◉ Does a licensee who wishes to advertise property need to have a
BIC?. Answer: Yes, any licensee who wishes to advertise property,
themselves, or their real estate services in any way will need to have
a Broker In Charge.
2026 COMPLETE BUNDLED QUESTIONS AND
VERIFIED SOLUTIONS
◉ appurtenant / appurtenances. Answer: attached to the land.
easements, covenants, they run with the land
◉ real estate/real estate/realty. Answer: land and anything that is
permanently attached or appurtenant to it
◉ encumbrance. Answer: a burden or impediment
◉ improvement. Answer: anything constructed that add value to
land; are appurtenant to the land
◉ 3 Calendar Days. Answer: Licensees must submit all
documentation to their BIC within ________ calendar days (counts
every day including holidays) from the time the document is
received by the licensee.
◉ Becoming a BIC in NC. Answer: Broker be on active status, be
nonprovisional, and have accumulated at least 2 years of full time
, brokerage experience that is recent...within the 5 years immediately
before becoming a BIC
◉ 3 years after the LAST service offered in the transaction. Answer:
Transaction files must be kept for _______ years after the LAST service
offered in the transaction
◉ Qualifying Broker. Answer: A qualifying broker is the name of the
licensed nonprovisional broker who has applied for and obtained
the firm license for a company that is going to offer real estate
services in North Carolina. The qualifying broker must have an
ownership interest in the company. If the company is an LLC, the QB
must be a director of the LLC. If the company is a corporation, the QB
must be an executive in the corporation. The QB must choose a BIC if
the firm will have one.
◉ The Qualifying Broker has two jobs. Answer: The Qualifying
Broker has two jobs and ONLY two jobs....renew the firm license and
hire/choose a Broker in Charge
◉ Does a licensee who wishes to advertise property need to have a
BIC?. Answer: Yes, any licensee who wishes to advertise property,
themselves, or their real estate services in any way will need to have
a Broker In Charge.
