Post licensing Study guides, Class notes & Summaries
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303 NC POST LICENSING EXAM NEWEST 2024 ACTUAL EXAM 250 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A
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303 NC POST LICENSING EXAM NEWEST 2024 ACTUAL EXAM 250 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A
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301- North Carolina Post Licensing | 60 Questions with 100% Correct Answers | Verified | Latest Update 2024
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Can an inactive agent be paid a referral commission if they were active at the time they made the 
referral? - Yes. If and only if they were active at time of referral 
Must Dual Agency be in writing? - Before an offer is made, Yes. Dual agency must be in writing and 
signed by both parties 
At a listing appointment, the agent should be gathering all information for listing and what? - 
Advertising 
May a BIC and their Provisional Broker enter into dual agency together? - No. Because the BIC 
ov...
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NC Post Licensing – 303 Questions and Answers 2024
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NC Post Licensing – 303 Questions and Answers 2024
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NCREL Post Licensing 301 Broker Relationships and Responsibilities | Questions with 100% Correct Answers | Verified | Latest Update 2024
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A seller's agent or sub-agent must initially disclose her agent status to a prospective buyer when? - 
Before buyer and agent discuss motivation or financial information. 
What fiduciary duties are owed to principals? - Obey, Loyalty, Disclosure, Confidentiality, Accounting, 
& Reasonable care 
(OLD CAR) 
As a dual agent, my fiduciary responsibilities are reduced to the buyer and seller under what agency? - 
Dual Agency - agent cannot advise or council 
Material facts which must be disclosed - ...
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Post Licensing 301 North Carolina Study Questions | 100% Correct Answers | Verified | Latest Update 2024
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When must a seller's agent or subagent initially disclose agency status to a buyer? - before buyer and 
buyer's agent discuss motivation and financial information 
seller's subagent - no written or oral buyer agency 
OLDCAR - obedience 
loyalty 
disclosure 
confidentiality 
accounting 
reasonable care 
In dual agency, the agent's duties are _____ to being a facilitator - reduced 
What statement would require full disclosure of all financing terms in compliance with TILA, Reg Z and 
RESPA - a...
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NC Post Licensing – 303 Correct 100%
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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 
 
A BIC may NOT pay a licensee's ENTITY - ANSWER unless the entity has a firm license. 
 
A Licensee can share commission with parties BUT - ANSWER 1) Must be in writing - as part of the agreement 
 
2) Must be subject to Lender Approval in case of loans...
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303 NC POST LICENSING EXAM 2024 WITH ACTUAL CORRECT QUESTIONS AND VERIFIED DETAILED ANSWERS |FREQUENTLY TESTED QUESTIONS AND SOLUTIONS |ALREADY GRADED A+|NEWEST|GUARANTEED PASS|LATEST UPDATE
- Exam (elaborations) • 42 pages • 2024
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303 NC POST LICENSING EXAM 2024 
WITH ACTUAL CORRECT QUESTIONS 
AND VERIFIED DETAILED ANSWERS 
|FREQUENTLY TESTED QUESTIONS 
AND SOLUTIONS |ALREADY GRADED 
A+|NEWEST|GUARANTEED 
PASS|LATEST UPDATE
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NCREL Post Licensing 301 Broker Relationships and Responsibilities | Questions with 100% Correct Answers | Verified | Latest Update 2024
- Exam (elaborations) • 4 pages • 2024
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A seller's agent or sub-agent must initially disclose her agent status to a prospective buyer when? - 
Before buyer and agent discuss motivation or financial information. 
What fiduciary duties are owed to principals? - Obey, Loyalty, Disclosure, Confidentiality, Accounting, 
& Reasonable care 
(OLD CAR) 
As a dual agent, my fiduciary responsibilities are reduced to the buyer and seller under what agency? - 
Dual Agency - agent cannot advise or council 
Material facts which must be disclosed - ...
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45 Hour Post Licensing Exam Correct 100%
- Exam (elaborations) • 8 pages • 2024
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A married couple have prequalified for a $240,000 conventional mortgage. If they put 20% down, they can buy a house for - ANSWER $300,000 
 
What facts need not be disclosed in a real estate transaction? - ANSWER The property was the site of a homicide. 
 
What is a good graphic to show a seller that there will be more activity if the property is competitively priced? - ANSWER The pricing pyramid 
 
A home sells for $310,500. Expenses of the sale are $4,800. The brokerage fee is $18,630. Prorati...
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NC 302 POST LICENSING CONTRACTS & CLOSINGS PACKAGE DEAL 2024-2026
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NC 302 POST LICENSING CONTRACTS & CLOSINGS

Exam (elaborations)
NC 302 POST LICENSING CONTRACTS & CLOSINGS/NC POST LICENSING 302 JJ 2024-2026 LATEST ACTUAL EXAM 400 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A

2
Exam (elaborations)
NC 302 POST LICENSING EXAM CONTRACTS AND CLOSING NEWEST 2024-2026 LATEST EXAM VERSION

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