Nc 303 post - Study guides, Class notes & Summaries

A Licensee may not earn compensation when there license - VIP - ANSWER is INACTIVE or EXPIRED A Licensee can receive compensation that was earned WHEN - VIPterm-0 - ANSWER the license was current and active even if inactive of expired after A BIC may NOT pay a licensee's ENTITY - ANSWER unless the entity has a firm license. A Licensee can share commission with parties BUT - ANSWER 1) Must be in writing - as part of the agreement 2) Must be subject to Lender Approval in case of loans...

303 NC POST LICENSING EXAM NEWEST 2024 ACTUAL EXAM 100 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A

NC POST 303 - Section 6 Questions and Answers Graded A+ What is the primary purpose of the North Carolina Real Estate Commission? A) To issue real estate licenses B) To provide loans for real estate transactions C) To regulate and enforce real estate laws D) To offer real estate training courses C) To regulate and enforce real estate laws What must a broker do before representing a client in a real estate transaction? A) Obtain a real estate license B) Sign a personal guarante...

NC POST LICENSING 303 AND 302 LATEST EXAM VERSION CONTRACTS AND CLOSING NEWEST 2024 ACTUAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A

NC POST LICENCING 303 EXAM 2024 ACTUAL CORRECT QUESTIONS WITH VERIFIED ANSWERS GRADE A GUARANTEE PASS

NC Post Licensing – 303 Questions and Answers Already Passed What is the purpose of an agency disclosure form? To inform clients about the nature of the agency relationship and the duties owed How should a real estate professional handle a situation where they represent both the buyer and the seller in the same transaction? Disclose dual agency to both parties and obtain their written consent What is required for a real estate contract to be legally binding? It must be in ...

NC POST 303 QUESTIONS AND ANSWERS 100% PASS What must a broker do if they discover a mistake in a property deed? Notify the client and recommend correcting the error through legal means. What is required for a broker to represent both the buyer and the seller in a transaction? Obtain written consent from both parties and disclose the dual agency relationship. What should a broker include in a rental agreement for residential properties? Terms of the lease, rent amount, duration, ...

303 NC POST LICENSING EXAM ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS (ALREADY GRADED A+) | LATEST EDITION 2024 (JUST RELEASED)

303 Nc Post Licensing Exam 2024 With Questions And Correct Answers 303 Nc Post Licensing Exam 2024 With Questions And Correct Answers 303 Nc Post Licensing Exam 2024 With Questions And Correct Answers

Post Licensing 303 - NC Law, Rules, and Legal Concepts with complete verified solutions .