NC Real Estate Exam (100% Guaranteed Pass)

NC Real Estate Exam Review- Study Guide Questions and Answers Obedience and Loyalty - Answer-must comply with all lawful instructions that are consistent with the agency agreement must put client interest above your own Soliciting Listings - Answer-DO NOT CALL cannot "cold" call expire...

NC Real Estate Exam Questions and Answers Which type of valuation technique applies a standard percentage increase or decrease to all property in a specified location? A. Valuation B. County appraisal C. Mass appraisal D. There is no such appraisal - Answer-C. Mass Appraisal This is a v...

NC Real Estate Exam Questions with Verified Answers (Latest) TENANTS IN COMMON - Answer-No survivorship. Other tenants assume your share of the property. Tenants can also sell their share without consent of the other person TENANCY BY THE ENTIRETY; when does it dissolve? - Answer-It dissolves ...

NC Real Estate Exam Questions with Complete Solutions Rated A+ Building Codes - Answer-NC requirements as to construction standards, with the primary purpose being safety Flood Hazard Area - Answer-Areas designated by FEMA as being prone to flooding. Historic Preservation Zoning - Answer-A ...

NC Real Estate Exam Questions with Complete Solutions Latest Update A licensee has just been convicted of a driving while impaired (DWI). According to GS93A, reporting to the North Carolina Real Estate Commission must happen when? - Answer-must be within 60 days of conviction or pleading guilty. ...

NC Real Estate Exam Questions with 100% Correct Answers (A+ Rated) individuals? - Answer-Broker Broker Alice is struggling to drum up interest in her listing. When she finally gets a nibble from a prospective buyer, she does her best to portray the property in a positive light. For example, sh...

NC Real Estate Exam Midterm Review Units 1-10 Questions with Correct Answers Which of the following is true in regards to supply and demand in real estate? A. When demand increases and supply increases, prices tend to increase B. As demand decreases and supply increases, prices tend to increase...

NC Real Estate Exam Chapter 2 Questions and Answers air rights - Answer-rights to use the air above the land riparian rights - Answer-granted to owners of land located along the course of a river, stream or lake giving the owner unrestricted right to use the water, provided such use does not h...

NC Real Estate Exam Chapter 1 Questions with Complete Solutions Latest real estate (realty) - Answer-land at, above and below the earth's surface, including all things permanently attached to it, whether natural or artificial. real property - Answer-as the land itself, the improvements thero...

NC Real Estate Chapter 11 Exam Questions and Answers What is the acceleration clause? - Answer-When a borrower defaults on a loan it is due and payable in full Alienation clasue comes into play when? - Answer-When a house is sold. The full amount of the balanced become due. We use simple inte...

NC Real Estate Chapter 8 Exam Questions and Answers Valid Contract - Answer-Complies with all the essential elements of a contract. Void Contract - Answer-A contract that has no legal force or effect. Voidable Contract - Answer-A contract that seems to be valid on the surface, but may be re...

NC Real Estate- Chapter 5 Exam Questions and Answers NC Inestate Succession Act - Answer-The State law of descent that dictates distribution of the real and personal property of the deceased that died without a will. Abstract of Title - Answer-A condensed history of a title. Foreclosure - A...

NC Real Estate Chapter 3 Exam Questions and Answers Special Assessment Lien - Answer-A judgement against the property owner for improvements made to the property by the county or city. A specific, involuntary lien. Valid for 10 years. HP Mechanic's Lien - Answer-A judgement on the property ow...

NC Real Estate Chapter 2 Exam Questions and Answers Non-navigable water way - Answer-water way that can not be use for commercial business Navigable water way - Answer-Commercial business can use Foreshore - Answer-gap between high tide and low tide Accretion - Answer-increase in land re...

NC real estate broker pre-licensing exam questions and answers Deed restrictions - Answer-Private agreements that govern the use of land Lien - Answer-A claim that a party has against the property of another to secure payment of a debt Easement in gross - Answer-An easement given to a utili...

NC Real Estate - Notes for Final Exam Questions and Answers Exclusive Agency Listing - Answer-If owner sells then the owner still owes the listing firm the commission CANSPAM - Answer-The "Mail System" does not apply Square Footage - Answer-Length x Width = Square Footage The room or ...

NC Real Estate Exam Questions and Answers (Latest) What must broker Pete disclose in the written agency contract with seller Josh? - Answer-All compensation Josh will pay for brokerage services. Which business entity is NOT required to have a firm license issued by the North Carolina Real Esta...

NC Broker PSI State Portion Exam Questions with 100% Correct Answers The North Carolina Real Estate Commission consists of A. Seven members nominated by the Governor and appointed by the General Assembly B. Nine members, all appointed by the Governor C. Nine members, seven appointed by the G...

N.C. Real estate pre-licensing Exam Questions with Complete Answers Broker - Answer-Acts as an agent who negotiated the sale, purchase or rental of property on behalf of others for a fee/commission Categories of real estate - Answer-1)residential 2)commercial 3)industrial 4)agricultural 5)sp...