NC REAL ESTATE EXAM QUESTIONS
AND ANSWERS ALL CORRECT
Which statement is true regarding a broker license on a provisional status?
a. the licensee must satisfy a 90-hour post licensing education requirement in order to
remove provisional license status
b. the provisional broker license is converted to a broker-in-charge license upon
completion of post licensing requirements
c. the licensee must complete at least one post licensing course no later than one year
from license in order to avoid cancellation of license
d. the provisional license status may be removed by completing 16 hours of continuing
education credits - Answer- The licensee must satisfy a 90-hour post education
requirement in order to remove provisional license status
In North Carolina, all real estate brokers must
a. maintain a trust account
b. belong to the local Association of Realtors
c. include their firm's name in advertisements of a clients property
d. complete continuing education each year in order to keep the license current -
Answer- include their firms name in advertisements of a clients property
An active non-provisional real estate broker in North Carolina may
a. prepare deeds for seller-clients
b. may interpret protective covenants for a buyer-client
c. place an ad today for a listing that she anticipates getting next week
d. split the commission with a buyer-client if it is disclosed to the lender and noted on
the settlement statement - Answer- split the commission with a buyer-client if its
disclosed to the lender and noted on the settlement statement
A real estate licensee received for her first license in November 2019.
If she wants to maintain active status, she must complete her first continuing education
courses by
a. June 10, 2020
b. end of November 2020
c. June 10, 2021
d. November, 2021 - Answer- June 10, 2021
, An actively-licensed provisional broker must
a. work under the supervision of a broker-in-charge
b. complete continuing education requirements every year beginning with the second
period of licensure
c. complete three post licensing courses within three years of licensure
d. do all of these - Answer- work under the supervision of a broker-in-charge
complete continuing education requirements every year beginning with the second
period of licensure
complete three post licensing courses within three years of licensure
-do all of these-
All North Carolina real estate licensees are legally bound by
a. the realtors code of ethics
b. North Carolina real estate license law
c. both
d. neither - Answer- North Carolina real estate license law
Which individual is exempt from needing a North Carolina real estate license when
performing real estate services for others?
a. a nephew who finds a buyer for his uncle's house and is paid a finder's fee
b. an individual who receives a gift certificate
c. a salaried real estate assistant who shows listed property to interested buyer
prospects
d. an individual who offers his office complex for sale - Answer- an individual who offers
his office complex for sale
Appointments to the North Carolina Real Estate Commission are made
I. by the governor, the president pro tempore of the state senate, and the speaker of the
state of house of representatives
II. for three-year staggered terms
a. I only
b. II only
c. both
d. neither - Answer- by the governor, the president pro tempore of the state senate, and
the speaker of the state of house of representatives
and for a three-year staggered terms
AND ANSWERS ALL CORRECT
Which statement is true regarding a broker license on a provisional status?
a. the licensee must satisfy a 90-hour post licensing education requirement in order to
remove provisional license status
b. the provisional broker license is converted to a broker-in-charge license upon
completion of post licensing requirements
c. the licensee must complete at least one post licensing course no later than one year
from license in order to avoid cancellation of license
d. the provisional license status may be removed by completing 16 hours of continuing
education credits - Answer- The licensee must satisfy a 90-hour post education
requirement in order to remove provisional license status
In North Carolina, all real estate brokers must
a. maintain a trust account
b. belong to the local Association of Realtors
c. include their firm's name in advertisements of a clients property
d. complete continuing education each year in order to keep the license current -
Answer- include their firms name in advertisements of a clients property
An active non-provisional real estate broker in North Carolina may
a. prepare deeds for seller-clients
b. may interpret protective covenants for a buyer-client
c. place an ad today for a listing that she anticipates getting next week
d. split the commission with a buyer-client if it is disclosed to the lender and noted on
the settlement statement - Answer- split the commission with a buyer-client if its
disclosed to the lender and noted on the settlement statement
A real estate licensee received for her first license in November 2019.
If she wants to maintain active status, she must complete her first continuing education
courses by
a. June 10, 2020
b. end of November 2020
c. June 10, 2021
d. November, 2021 - Answer- June 10, 2021
, An actively-licensed provisional broker must
a. work under the supervision of a broker-in-charge
b. complete continuing education requirements every year beginning with the second
period of licensure
c. complete three post licensing courses within three years of licensure
d. do all of these - Answer- work under the supervision of a broker-in-charge
complete continuing education requirements every year beginning with the second
period of licensure
complete three post licensing courses within three years of licensure
-do all of these-
All North Carolina real estate licensees are legally bound by
a. the realtors code of ethics
b. North Carolina real estate license law
c. both
d. neither - Answer- North Carolina real estate license law
Which individual is exempt from needing a North Carolina real estate license when
performing real estate services for others?
a. a nephew who finds a buyer for his uncle's house and is paid a finder's fee
b. an individual who receives a gift certificate
c. a salaried real estate assistant who shows listed property to interested buyer
prospects
d. an individual who offers his office complex for sale - Answer- an individual who offers
his office complex for sale
Appointments to the North Carolina Real Estate Commission are made
I. by the governor, the president pro tempore of the state senate, and the speaker of the
state of house of representatives
II. for three-year staggered terms
a. I only
b. II only
c. both
d. neither - Answer- by the governor, the president pro tempore of the state senate, and
the speaker of the state of house of representatives
and for a three-year staggered terms
