Nc real estate 2023 exam - Study guides, Class notes & Summaries

NC Real Estate Exam- State Portion (2022/2023) Already Passed Activities Requiring a License Persons AND business entities, who for CONSIDERATION or the promise thereof perform BROKERAGE ACTIVITIES as an agent FOR OTHERS are considered to be performing brokerage activities and must have a license. Referrals for compensation Requires an active license Selling time shares Requires an active license Advertising In ANY manner (to include a business card), requires an active license Bu...

Real Estate U Final Exam 2-Answered correctly-latest 2023/2024 Which of the following are tax-deductible expenses resulting from home ownership? Mortgage interest and property taxes Which of the following is true regarding the $500,000 exemption, in the sale of a personal residence, for a married couple filing jointly? A married couple can use the $500,000 joint exemption if only one meets the ownership requirement, but BOTH meet the occupancy requirement A homeowner in NC had constr...

Real Estate Exam - State Portion - NC – 2022/2023 Rated A+ There are a total of 9 members on the NC Real Estate Commission True All 9 members serve a 3 year term True All commissioners except 2 must have some active relationship to the real estate business.. Two members can have no active relationship to real estate True The NCREC is a government dept but is self-funded by fees paid for renewals, application fees, & other fee paid by licensees True The purpose of the NCREC is to protec...

NC Real Estate Exam Questions with Correct Solutions 2023 (Assured Success)GRADED A+

NC Real Estate Exam- State Portion (2022/2023) Already Passed Activities Requiring a License Persons AND business entities, who for CONSIDERATION or the promise thereof perform BROKERAGE ACTIVITIES as an agent FOR OTHERS are considered to be performing brokerage activities and must have a license. Referrals for compensation Requires an active license Selling time shares Requires an active license Advertising In ANY manner (to include a business card), requires an active license Business ...

Real Estate Exam - State Portion - NC – 2022/2023 Rated A+ There are a total of 9 members on the NC Real Estate Commission True All 9 members serve a 3 year term True All commissioners except 2 must have some active relationship to the real estate business.. Two members can have no active relationship to real estate True The NCREC is a government dept but is self-funded by fees paid for renewals, application fees, & other fee paid by licensees True The purpose of the NCREC is to protec...

Which of the following are tax-deductible expenses resulting from home ownership? -ANSWER Mortgage interest and property taxes Which of the following is true regarding the $500,000 exemption, in the sale of a personal residence, for a married couple filing jointly? -ANSWER A married couple can use the $500,000 joint exemption if only one meets the ownership requirement, but BOTH meet the occupancy requirement A homeowner in NC had constructed a three-bedroom house with two full baths in ...

Which of the following are tax-deductible expenses resulting from home ownership? - answer-Mortgage interest and property taxes Which of the following is true regarding the $500,000 exemption, in the sale of a personal residence, for a married couple filing jointly? - answer-A married couple can use the $500,000 joint exemption if only one meets the ownership requirement, but BOTH meet the occupancy requirement A homeowner in NC had constructed a three-bedroom house with two full baths i...

NC Real Estate Exam- State Portion (2022/2023) Already Passed Activities Requiring a License Persons AND business entities, who for CONSIDERATION or the promise thereof perform BROKERAGE ACTIVITIES as an agent FOR OTHERS are considered to be performing brokerage activities and must have a license. Referrals for compensation Requires an active license Selling time shares Requires an active license Advertising In ANY manner (to include a business card), requires an active license Business ...

NC Real Estate Exam Questions with Correct Solutions 2023 (Assured Success)GRADED A+