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Sharpen Your Knowledge with Real Estate Licensing (NCREC-Broker-N) Certification Sample Questions
CertsTime has provided you with a sample question set to elevate your knowledge about the Real Estate Licensing North Carolina Real Estate Broker National exam. With these updated sample questions, you can become quite familiar with the difficulty level and format of the real NCREC-Broker-N certification test. Try our sample Real Estate Licensing North Carolina Real Estate Broker National certification practice exam to get a feel for the real exam environment. Our sample practice exam gives you a sense of reality and an idea of the questions on the actual Real Estate Licensing Exams certification exam.
Our sample questions are similar to the Real Real Estate Licensing NCREC-Broker-N exam questions. The premium Real Estate Licensing North Carolina Real Estate Broker National certification practice exam gives you a golden opportunity to evaluate and strengthen your preparation with real-time scenario-based questions. Plus, by practicing real-time scenario-based questions, you will run into a variety of challenges that will push you to enhance your knowledge and skills.
Real Estate Licensing NCREC-Broker-N Sample Questions:
[Broker's Authority and Duties -- Record Retention Requirements]
A North Carolina broker must maintain copies of all transaction files for at least _____ after the conclusion of a transaction?
[Commission and Compensation]
A listing brokerage firm offered a 3% commission split to any broker who could find a buyer for their $700,000 listing. The seller agreed to pay a 7% commission. A broker from another brokerage firm found a buyer, and the seller accepted their offer of $695,000. What did the listing brokerage firm earn on this transaction?
[Parties and Property Description -- Real vs. Personal Property]
When attempting to distinguish a fixture from personal property, one can ignore the:
What principle states that the value of the best home in a neighborhood will be lowered by the existence of inferior homes?
[Broker's Authority and Duties -- Broker-in-Charge (BIC)]
Which statement about a North Carolina broker-in-charge (BIC) is TRUE?
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