NC POST Bundled Exams Questions and Answers Multiple Versions Latest Updates (2024/2025) (Complete and Accurate)

NC POST 303 - Section 6 Questions and Answers Graded A+ What is the primary purpose of the North Carolina Real Estate Commission? A) To issue real estate licenses B) To provide loans for real estate transactions C) To regulate and enforce real estate laws D) To offer real estate training c...

NC POST 303 QUESTIONS AND ANSWERS 100% PASS What must a broker do if they discover a mistake in a property deed? Notify the client and recommend correcting the error through legal means. What is required for a broker to represent both the buyer and the seller in a transaction? Obtain writ...

NC Post Licensing 303 Questions and Answers Already Passed What must a broker do if they are changing their office location? Notify the North Carolina Real Estate Commission of the new address. What is the minimum time period for which a broker must retain copies of transaction records? ...

NC Post Exam 301 Unit 4 Latest Update Graded A+ What is an option contract in real estate? A contract that gives the buyer the right, but not the obligation, to purchase a property at a specified price within a certain period. What is the purpose of a property management agreement? To ...

Post License 303--NC Law, Rules and Legal Concepts 100% Pass What is the primary responsibility of a real estate broker in North Carolina? To act in the best interest of their clients and ensure compliance with state real estate laws and regulations. What is the required action if a brok...

Study Guide for 302 Post Licensing Test Questions and Answers Rated A+ What is the purpose of a property management budget? To plan and track income and expenses related to the management of a rental property. How should a property manager handle a tenant's request for a lease renewal? R...

Post Licensing 303 - NC Law, Rules, and Legal Concepts Questions with Complete and Verified Solutions A real estate investor is considering purchasing a residential property in a neighborhood that has seen significant growth in recent years. The property is listed at a price that is higher t...

NC Post Licensing 303 Questions and Answers Already Passed What is a rent roll in property management? A detailed report of all rental income and tenant information for a property. What are common responsibilities of a property manager regarding tenant screening? Conduct background chec...

NC Post-Licensing Section 302 Questions and Answers Already Passed What is the primary role of a property manager in tenant relations? To ensure tenants' needs are addressed and manage any issues or complaints. What is typically included in a property management agreement? Responsibili...

301- NC Post Licensing Questions and Answers Already Passed What is the primary purpose of a listing agreement in real estate? To grant the real estate agent the authority to market and sell the property on behalf of the seller. How should a broker handle a situation where a client wants...

Post Licensing 301 NC Study Questions with Verified Solutions What is the primary purpose of the listing agreement in real estate? To establish the terms and conditions under which a real estate agent will represent the seller How often must a property management company provide a financi...

NC Post License 303 Selected Topics Questions and Answers 100% Pass What is the purpose of a rental application? To gather information about a prospective tenant’s background, including credit history and rental history What does the term “property tax lien” refer to? A legal claim...

NC Post Licensing – 303 Questions and Answers Already Passed What is the purpose of an agency disclosure form? To inform clients about the nature of the agency relationship and the duties owed How should a real estate professional handle a situation where they represent both the buyer a...

NC 302 Post Licensing Questions and Answers Already Passed What document must a real estate agent provide to the seller at the time of listing a property? The Listing Agreement What is the purpose of a property management agreement? To define the responsibilities and terms between the p...