Nc real estate - Study guides, Class notes & Summaries

NC Real Estate Exam Study Guide/ 660+ Qs with Certified Solutions. Terms like: How many members are there in the commission? - Answer: 9 members Who appoints members to the NC real estate commission? - Answer: 7 appointed by Governor 1 by general assembly upon recommendation of President pro tempore of Senate 1 by general assembly upon recommendation of speaker of house of representatives How many members of the commission must be licensed real estate brokers? - Answer: 3

Superior NC Real Estate Important Final Exam questions (Answered 100% Correctly) 2024 Superior NC Real Estate Important Final Exam questions (Answered 100% Correctly) 2024 RESPA -Real Estate Settlement Procedures Act: applies ONLY to 1-4 family residential transactions, transactions involving a "federally related" mortgage (conventional, FHA, VA) Which party's signature is required on a deed of trust? A. the trustee B. the beneficiary C. the trustor(s) D. the grantee(s) C. th...

Real Property the land and everything that is permanently attached to the land or appurtenant (goes with) the land Personal Property/Personalty all property that is not real property; movable; personal property also referred to as chattels Test of Personal versus Real Property "IRMA" Intent Relationship Method of Attachment Adaptation Land Earth's surface extending downward to the center of earth and upward to infinity;includes all things permanently attached by nature

NC Real Estate License Law & Real Estate Commission Rules with complete solution

NC REAL ESTATE QUESTIONS AND ANSWERS

NC real estate broker pre-licensing exam Syndication -Answer-Two or more forms joining together as an entity to own real estate Estate in severalty -Answer-Ownership by one individual Concurrent ownership -Answer-Two or more persons share ownership with undivided interests Tenancy in common -Answer-Co-ownership without right of survivorship to other owners Police power -Answer-The broad right of the government to place reasonable restrictions on the use of privately held land Easement -An...

NC Real Estate Practice Exam Questions and Answers (100% Pass) A cloud on title to a property may be cured by - Answer-obtaining quitclaim deeds from the party or parties with possible interests in the property. Which of the following is true regarding liens in NC? - Answer-A specific lien is a lien against a particular parcel of real estate, while a general lien may apply to all of the debtors property. Someone seeking to be excused from the dictates of a zoning ordinance because of ...

Superior School of Real Estate NC Real Estate Prelicensing Exam And Verified Answers 2024.

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