Nc post licensing 302 - Study guides, Class notes & Summaries

NC POST LICENSING 303 AND 302 LATEST EXAM VERSION CONTRACTS AND CLOSING NEWEST 2024 ACTUAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A

NC Post Licensing 302 JJ Exam Questions And Answers (Verified And Updated) NC 302 Postlicensing Contracts & Closings Regarding Retention of Records 58A.108, a broker must provide copies of transaction documents: A) Within a day of receiving B) Within 3 days of receiving C) Within 5 days of receiving D) Within 14 days of receiving - answerB) Within 3 days of receiving A broker must provide copies of transaction documents:- To the Firm or Sole Proprietorship (BIC) with which they are aff...

NC 302 POST LICENSING CONTRACTS & CLOSINGS/NC POST LICENSING 302 JJ LATEST ACTUAL EXAM 400 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A

NC Post Licensing 302 JJ complete exam update all done solution.

Four License Statuses - ANSWER PB, Full Broker, BIC Eligible, BIC Must always affiliate with a broker-in-charge (BIC) in order to have an active license. - ANSWER Provisional Broker May be supervised by two BICs if the BICs are with two different firms and in the same location and acting as co-listing or co-selling agents. - ANSWER Can a provisional broker have 2 BICS? Requirements for an active license (PB) - ANSWER Timely completion of postlicensure and CE, Renewing license on of befo...

302 NC POST LICENSING EXAM CONTRACTS AND CLOSING 2024 ACTUAL EXAM 400 QUESTIONS WITH COMPLETE SOLUTIONS

Real Estate Settlement Procedures Act (RESPA) - What is Prohibited - Answer 1) Referral fees between licensees, 2) Crediting commissions to clients for coats, 3) Receipt of bonuses by a licensee from someone other than settlement service provided, 4) Must not force the parties to use a particular Settlement Provider. Real Estate Settlement Procedures Act (RESPA) - Allows for Co-Ownership of Settlement Service Providers - Answer 1) Affiliated business arrangements, 2) Disclosure of relatio...

NC 302 POST LICENSING EXAM CONTRACTS AND CLOSING NEWEST LATEST EXAM VERSION

302 NC POST LICENSING CONTRACTS WITH QUESTIONS AND ANSWERS //NC Post Licensing 302 JJ NC 302 Postlicensing Contracts & Closings Regarding Retention of Records 58A.108, a broker must provide copies of transaction documents: A) Within a day of receiving B) Within 3 days of receiving C) Within 5 days of receiving D) Within 14 days of receiving - CORRECT ANSW-B) Within 3 days of receiving A broker must provide copies of transaction documents:- To the Firm or Sole Proprietorship (BIC)...