Nc post licensing 303 - Study guides, Class notes & Summaries

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NC Post Licensing – 303 Questions and Answers 2024

NC Post-Licensing 303 exam questions with answers

NC POST –LICENSING 303 | CURRENTLY TESTING EXAM VERSION WITH A PREDICTED EXAM VERSION AND A STUDY GUIDE | ACCURATE AND EXPERT VERIFIED FOR GUARANTEED PASS |2024 LATEST UPDATE

NC Post Licensing 303 Questions and Answers Already Passed What is a rent roll in property management? A detailed report of all rental income and tenant information for a property. What are common responsibilities of a property manager regarding tenant screening? Conduct background checks, verify income, and assess creditworthiness of prospective tenants. What is an operating budget for a property? A financial plan that outlines expected income and expenses for the property's...

NC Post Licensing 303 Questions and Answers Already Passed What must a broker do if they are changing their office location? Notify the North Carolina Real Estate Commission of the new address. What is the minimum time period for which a broker must retain copies of transaction records? Three years. How should a broker handle earnest money deposits in North Carolina? Deposit them into a trust or escrow account as soon as possible. What should a broker-in-charge do if they su...