Nc real estate law - Study guides, Class notes & Summaries
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Superior 303 NC Law and Rules Exam Questions and Answers
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Superior 303 NC Law and Rules Exam 
Questions and Answers 
sole proprietor -Answer-Full broker not affiliated with another firm 
Can not Advertise 
Can not hire other licensees 
Can not hold a trust account 
Would have to become a BIC in order to 'do it all' 
How long is BIC eligible status valid for? -Answer-12 months 
must take BIC update instead of general update each year 
that will renew eligibility to continue being BIC eligible 
Who is responsible for the advertising? -Answer-BIC 
Who is ...
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Social Science Law Civil Law NC Real Estate MidTerm questions and correct answers (elaborations) with 100% accurate , verified , latest fully updated , 2024/2025 ,already passed , graded a+, complete solutions guarantee distinctions rationales| 5-star rat
- Exam (elaborations) • 25 pages • 2024
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Social Science Law Civil Law NC Real Estate MidTerm questions and correct answers (elaborations) with 100% accurate , verified , latest fully updated , 2024/2025 ,already passed , graded a+, complete solutions guarantee distinctions rationales| 5-star rating
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NC Real Estate License Law & Real Estate Commission Rules with complete solution
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NC Real Estate License Law & Real Estate Commission Rules with complete solution
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NC Real Estate License Law & Real Estate Commission Rules
- Exam (elaborations) • 12 pages • 2024
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NC Real Estate License Law & Real Estate Commission Rules
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NC Real Estate Law & Brokerage Practice, Real Estate Pre-licensing vocabulary, Pre License Real Estate, Real Estate Pre-License Accurate 100%
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manufactured home - ANSWER aka mobile home or trailer. personal property that becomes real property when hitch and axles are removed, home is permanently attached and DMV title is canceled. Built to federal HUD building codes. Y3 
 
modular home - ANSWER never movable by itself; always real property once it has been assembled. Built to NC state building codes. Y3 
 
fructus naturales - ANSWER "fruits natural" naturally occurring vegetation that does not require annual planting and cultivation ...
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NC Real Estate Law & Brokerage Practice, Real Estate Pre-licensing vocabulary, Pre License Real Estate, Real Estate Pre-License 100% correct!
- Exam (elaborations) • 18 pages • 2024
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NC Real Estate Law & Brokerage Practice, Real Estate Pre-licensing vocabulary, Pre License Real Estate, Real Esta 
manufactured home - ANSWER aka mobile home or trailer. personal property that becomes real property when hitch and axles are removed, home is permanently attached and DMV title is canceled. Built to federal HUD building codes. Y3 
 
modular home - ANSWER never movable by itself; always real property once it has been assembled. Built to NC state building codes. Y3 
 
fructus naturale...
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NC Real Estate License Law & Real Estate Commission Rules Exam Questions with Correct Answers (100% Pass)
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NC Real Estate License Law & Real Estate Commission Rules Exam Questions with Correct Answers (100% Pass) 
 
Describe the NC Real Estate Commission membership/board - Answer-• 9 members. 7 are appointed by the Governor. 2 appointed by the General Assembly based on recommendations of the Senate and the House, respectively. 
• At least 3 must be licensed brokers. 2 must have no affiliation with real estate. 
• Terms are staggered every 3 years, so 3 expire one year, 3 the second year, 3 th...
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NC Real Estate License Law & Real Estate Commission Rules.
- Exam (elaborations) • 12 pages • 2024
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NC Real Estate License Law & Real Estate Commission Rules.
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NC Real Estate License Law & Real Estate Commission Rules (
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NC Real Estate License Law & Real Estate Commission Rules (
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NC Real Estate License Law (2022/2023) Already Passed
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Makeup of Commission Consists of nine members - 7 appointed by governor; one by 
Speaker of the House; one by President Pro-Tem of the Senate; 3 must be brokers in the real 
estate business; 2 cannot be involved directly or indirectly in the real estate business; serve 3 
year staggered terms 
6 powers granted to the North Carolina Real Estate Commission licensing real estate brokers 
in NC. approving schools that conduct real estate courses. approving instructors that teach real 
estate courses...
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