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NC 75-Hour Broker Pre licensing Course Study Guide Questions and Answers | Latest Version | 2025/2026 | Correct & Verified
In North Carolina, who issues real estate licenses?
- North Carolina Department of State
- Department of Insurance
- Real Estate Board of Appraisers
✔✔B. North Carolina Real Estate Commission
What is the minimum age to apply for a provisional broker license in NC?
✔✔A. 18
- 19
- 20
- 21
Which of the following activities requires a real estate license in North Carolina?
- Selling your own home 1 / 4
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- Acting under power of attorney
- Buying investment property for yourself
✔✔C. Listing a property for a friend and receiving compensation
Which of the following statements best describes a provisional broker in NC?✔✔A. A licensee who must work under the supervision of a BIC
- A licensee authorized to operate independently
- A broker-in-charge candidate
- A fully independent real estate investor
What is the purpose of the Working with Real Estate Agents (WWREA) disclosure form?✔✔A. To inform consumers of agency relationships
- To list all properties in MLS
- To report fair housing violations
- To schedule property inspections
Which of the following is true about dual agency in North Carolina?
- It is illegal under all circumstances 2 / 4
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- It is automatically created when an agent shows a property to a buyer
- It is only allowed for brokers-in-charge
✔✔C. It requires informed written consent of all parties
A broker must complete how many postlicensing hours to remove the provisional status?
- 30
✔✔B. 90
- 45
- 60
Which type of property ownership includes the right of survivorship in NC?
- Tenancy in common
- Estate for years
- Leasehold
✔✔B. Joint tenancy
What type of tenancy is automatically created when two or more unmarried persons purchase property together in NC? 3 / 4
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✔✔A. Tenancy in common
- Joint tenancy with survivorship
- Tenancy by the entirety
- Fee simple determinable
What is the primary responsibility of a broker-in-charge (BIC)?✔✔A. To supervise provisional brokers
- To appraise all firm listings
- To inspect properties
- To set real estate tax rates
Which of the following is considered a material fact in a real estate transaction in NC?✔✔A. A leaky basement known to the seller
- The seller’s divorce
- The seller’s reason for moving
- The buyer’s financing method
Which document is used to transfer title to real property in North Carolina?
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