Exam (elaborations)
NC Post Licensing 303 exam with correct answers
- Course
- Institution
NC Post Licensing 303 exam with correct answers
[Show more]
Content preview
NC Post Licensing 303 exam withcorrect answers
Active & current real estate license - ANSWER: ➡ Required when assisting another for
g g g g g g g gg g g g g g
compensation in providing brokerage services.
g g g g g
Unlicensed assistants MAY NOT - ANSWER: ➡ -Negotiate mgmt contracts
g g g g g gg g g g
-Prepare advertisements g
-Negotiate amounts of money g g g
-Determine deductions from deposits g g g
Unlicensed assistants MAY - ANSWER: ➡ -Accept applications
g g g g gg g g g
-Complete & execute preprinted leases g g g g
-Accept deposits & payments for delivery to BIC
g g g g g g g
-Show properties & rental units
g g g g
-Place for rent signs
g g g
Full broker who is NOT a BIC can affiliate with a BIC/Firm & can activate as a Sole Proprietor
g g g g g g g g g g g g g g g g g g
but CANNOT - ANSWER: ➡ -Maintain a trust account
g g g g gg g g g g
-Supervise other licensees g g
-Offer services or advertise
g g g
BIC & BIC eligible status is maintained by - ANSWER: ➡ -Renewing License by June 30
g g g g g g g g g gg g g g g g
-Taking BICUP & elective by June 10
g g g g g g
BIC supervising responsibilities are - ANSWER: ➡ -Firm name on all ads
g g g g g gg g g g g g
-No blind ads
g g
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Fordenken. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
82191 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now