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301 NC POST LICENSING EXAM VERSION 1 AND 2
LATEST 2025/ 2026 ACTUAL EXAM WITH COMPLETE
QUESTIONS AND CORRECT DETAILED ANSWERS
(100% VERIFIED ANSWERS) |ALREADY GRADED A+|
||VERIFIED EXAM!!!|| ||LATEST EXAM!!!||
Can an inactive agent be paid a referral commission if they were active at the time they made the referral? - Answer-Yes. If and only if they were active at time of referral
Must Dual Agency be in writing? - Answer-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? - Answer-Advertising
May a BIC and their Provisional Broker enter into dual agency together? - Answer-No. Because the BIC oversees the PBs transactions, this would be a conflict of interest
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When must all agency be "Written" - Answer-Prior to first offer
Are all in-house transactions Dual Agency? - Answer-No.The exceptions would be Seller Sub Agency or Unrepresented Buyers
Can The Real Estate Commission fine brokers? - Answer- No. They can only reprimand, suspend, and revoke licenses
Who can sue agents civilly for monetary compensation? - Answer-Principles of a transaction
If Dual Agency is not disclosed is a commission due? - Answer-No. Therefore it is imperative to disclose dual agency before any offers are written
As a dual agent, the agent's duties are reduced to what? - Answer-Contractual Obligations
What must all agency agreements have? - Answer-A beginning and ending date
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