303 nc post - Study guides, Class notes & Summaries

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 against a property for unpaid property taxes What should a real estate agent do if they suspect fraud in a transaction? Report the suspicion to the appropriate authorities and follow legal and e...

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 checks, verify income, and assess creditworthiness of prospective tenants. What is an operating budget for a property? A financial plan that outlines expected income and expenses for the property's...

303 NC POST LICENSING EXAM NEWEST 2024 ACTUAL EXAM 250 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A Mary, a woman of color, has filed a fair housing complaint after suspecting her real estate agent was only showing her homes in communities that were primarily made up of minorities. After completing its investigation, HUD found reasonable cause to believe that discrimination occurred. What will happen next? HUD will issue a charge of discrimination and will notif...

NC POST – LICENSING 303 EXAM WITH 120+ (ACTUAL EXAM) QUESTIONS AND CORRECTLY WELL DEFINED ANSWERS LATEST 2024 ALREADY GRADED A+

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? Three years. How should a broker handle earnest money deposits in North Carolina? Deposit them into a trust or escrow account as soon as possible. What should a broker-in-charge do if they su...

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 broker changes their business address in North Carolina? Notify the North Carolina Real Estate Commission within ten days of the change. What is the purpose of the Trust Account in real estate transa...

Post Licensing 303 - NC Law, Rules, and Legal Concepts -exam questions with correct answers

NC Post Licensing – 303 Latest Update % Complete 150 Questions and Verified Correct Answers Already Graded A+

303 NC POST LICENSING EXAM NEWEST 2024 ACTUAL EXAM 250 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A

NC POST LICENSING - 303 QUESTIONS AND ANSWERS 2024