Nc real estate test - Study guides, Class notes & Summaries

An unlicensed salaried assistant of a real estate broker is soliciting listings for her broker. A - This is a legal action so long as the broker does the actual listing presentation and contracting. B - This is legal as long as the assistant is not paid any portion of the commission C - It is not legal for the assistant to solicit listings for her broker. D - This is not legal unless the assistant and the broker have permission from the BIC - ANSWER C - It is not legal for the assistant to s...

NC real estate broker prelicense test 2020 - Mid term Exam| 100 Questions| accurate Answers!!An unlicensed salaried assistant of a real estate broker is soliciting listings for her broker. A - This is a legal action so long as the broker does the actual listing presentation and contracting. B - This is legal as long as the assistant is not paid any portion of the commission C - It is not legal for the assistant to solicit listings for her broker. D - This is not legal unless the assistant an...

NC Modern Real Estate Test questions and answers | accurate and verified with rationales | updated 2024 | graded A+ | guaranteed pass

A Superior Test NC License Law 01 Questions and Answers What is the first point at which a provisional broker may begin practicing real estate in North Carolina? A:When the NCREC received notification of the provisional brokers activation with a BIC B:Upon successful completion of all coursework and required examinations C:Upon completion of all educational requirements D:Upon formal notification from the NCREC that the candidate has the successfully passed the real estate examination an...

B Superior Test NC License Law 02 Questions and Answers The broker in charge of a real estate office is responsible for all of the following, EXCEPT: A:Appointing a BIC at every location where the firm operates B:Maintaining all records for at least 3 years C:Maintaining the trust account D:Active and direct supervision of all provisional brokers -Answer-A: appointing a back at every location where the firm operates Jack, a licensee wants to make an offer to the seller on a property whic...

N.C. Real estate pre-licensing exam with correct answers 100% 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. CHATTLES are moveable Land -Answer-The earth's surface extending downwards to the center of the earth & upward to infinity Real estate (realty) -Answer-Land at, above, or below the earth's surface, inc...

NC Modern Real Estate Test answers 2024 questions and answers | accurate and verified with rationales | updated 2024 | graded A+ | guaranteed pass

NC Real Estate Test Questions with All Correct Answers Law of Agency - ANSWER aka common law; body of law that governs the relationship that exists between agents and principals Y21 Subagency - ANSWER the fiduciary relationship between the subagent and the principal fiduciary - ANSWER Relationship that is based on trust that exists between the agent and principal. Working With Real Estate Brochure - ANSWER a brochure to be presented to consumer at first substantial...

A Superior Test NC License Law 01 Questions and Answers What is the first point at which a provisional broker may begin practicing real estate in North Carolina? A:When the NCREC received notification of the provisional brokers activation with a BIC B:Upon successful completion of all coursework and required examinations C:Upon completion of all educational requirements D:Upon formal notification from the NCREC that the candidate has the successfully passed the real estate examination an...

B Superior Test NC License Law 02 Questions and Answers The broker in charge of a real estate office is responsible for all of the following, EXCEPT: A:Appointing a BIC at every location where the firm operates B:Maintaining all records for at least 3 years C:Maintaining the trust account D:Active and direct supervision of all provisional brokers -Answer-A: appointing a back at every location where the firm operates Jack, a licensee wants to make an offer to the seller on a property whic...