NC Real Estate Superior School BUNDLED Exams and Correct Solutions 2024 | 2025

NC Superior Real Estate School – Exam Chapter 1 with Correct Solutions Chapter 1 Vocabulary: Basic Real Estate Concepts - Answer -Chapter 1 Vocabulary: Basic Real Estate Concepts Bill of Sale - Answer -Investment used to transfer the ownership of personal property to real property Chattel - A...

Superior Real Estate School: Study for Retake Pre-Licensing Course Exam with Verified Solutions 2024 Update Designated agency in North Carolina is considered: I. A form of dual agency II. Mandatory if you practice dual agency A. I only B. II only C. Both I and II D. Neither I nor II - Answer...

Superior School of Real Estate Exam Problem Areas with Verified Solutions 2024 tenements - Answer -all of the rights and interests that go with the land hereditaments - Answer -land and all of the tenements that can be inherited appurtenance - Answer -a right interest of privilege that goes with...

Superior School of Real Estate Practice Final Exam with Correct Solutions Latest Update Who creates FEMA maps? - Answer -Army Corps of Engineers. (Borrowers who obtain a federally related mortgage must obtain a flood certification. If the certification shows that the property is located in a flo...

Superior School of Real Estate - Chapter 2 with Correct Solutions 2024 What are the Bundle of Rights? - Answer -Timber Rights, Right to Build Homes, Mineral Rights, Access Rights, and Rights to Sell The Bundle of Rights acronym DEEPC - Answer -Disposition, Enjoyment, Exclusion, Possession, and ...

NC 2024- real estate broker pre-licensing Exam Latest Update with Verified Solutions Syndication - Answer -Two or more forms joining together as an entity to own real estate Estate in severalty - Answer -Ownership by one individual Concurrent ownership - Answer -Two or more persons share ownersh...

Superior 303 NC Law and Rules Exam with Verified Solutions 2024 sole proprietor - Answer -Full broker not affiliated with another firm Can not Advertise Can not hire other licensees Can not hold a trust account Would have to become a BIC in order to 'do it all' How long is BIC eligible stat...

Appendix C - License Law and NCREC Exam 2024 with Correct Solutions Real Estate Licensing Act - Answer -July 1, 1957 General Assembly enacted into law and created North Carolina Real Estate Commission. Purpose: Write and enforce reasonable rules and regulations. Has authority to approve real est...

NC Post Licensing – 303 Questions and Answers 2024 A Licensee may not earn compensation when there license - VIP - Answer -is INACTIVE or EXPIRED A Licensee can receive compensation that was earned WHEN - VIPterm-0 - Answer -the license was current and active even if inactive of expired after ...

N.C. Real estate pre-licensing Exam 2024 with Verified Solutions Real property - Answer -Land & everything that is permanetly attached to the land & everything that is appurtenant to the land Personal property (personalty) - Answer -All propery that doesn't fit the definition of real property. ...

NC License Law Superior Quizzes with Verified Solutions 2024 What is the first point at which a provisional broker may begin practicing real estate in North Carolina? - Answer -when the NCREC receives notification of the provisional broker's activation with a BIC An unlicensed assistant may do ...

NC 75-HOUR BROKER PRE-LICENSING COURSE Exam with Correct Solutions Which account are broker commissions paid from? A) Attorney's escrow account B) Brokers escrow account C) Brokers operations account D) Sellers personal account - Answer -C) Brokers operations account Which of the followi...

NC Real Estate Chapter 1 with Verified Solutions Latest Update Land - Answer -Earth's surface extending downward to the center of the earth Real Estate - Answer -Land at, above, and below the earth's surface, including all things permanently attached to it (natural or artificial) Real Propert...