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[Hardware] 2026 Excellent 100% Free NCREC-Broker-N–100% Free Exam Vce Free | Valid Dumps NC

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【Hardware】 2026 Excellent 100% Free NCREC-Broker-N–100% Free Exam Vce Free | Valid Dumps NC

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North Carolina Real Estate Commission NCREC-Broker-N Exam Syllabus Topics:
TopicDetails
Topic 1
  • National Portion: Applied Knowledge: This part of the exam measures the applied knowledge of broker candidates and emphasizes practical skills. It includes financing and valuation methods, market analysis, and understanding mortgage processes. Candidates are also tested on land use controls, zoning, environmental regulations, required disclosures, and common real estate calculations. This applied knowledge ensures brokers can handle real-world scenarios effectively.
Topic 2
  • National Portion: Core Concepts: This section of the exam measures the skills of broker candidates and focuses on the basic principles of real estate. It covers property ownership, forms of estates, property rights, and how interests are transferred. It also evaluates contracts, agency duties, and the role of brokers in maintaining lawful and ethical agreements. These core concepts ensure candidates understand the foundational rules of practice across the United States.
Topic 3
  • State Portion: Practice and Procedures: This part of the exam measures the skills of provisional brokers in practical, day-to-day operations within North Carolina. It covers contracts and closing processes, use of state-specific forms, and procedures for managing transactions. It also includes state statutes on property transfers, landlord-tenant law, and fair housing requirements. This focus ensures provisional brokers can carry out transactions correctly within state guidelines.
Topic 4
  • State Portion: Legal Framework: This section of the exam evaluates provisional brokers on the rules and statutes that apply specifically in North Carolina. It includes license law, the Real Estate Commission’s authority, and disciplinary procedures. It also covers how agency relationships must be created and disclosed under state law. These legal frameworks define the responsibilities and compliance requirements for practicing in the state.

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North Carolina Real Estate Commission NC Real Estate Broker National Sample Questions (Q124-Q129):NEW QUESTION # 124
The listing agent for Guy's ranch home is also Ginny's buyer agent. After a long day of showing the requested two-story homes to Ginny, they drive past Guy's home, and she excitedly asks to see it. Guy is out of town and has given the agent permission to show the property in his absence, so the agent sees no harm in letting her in. Which statement is TRUE?
  • A. The agent violated the duty of loyalty to Guy by letting them into his property when he wasn't there.
  • B. The agent may have created an undisclosed and illegal dual agency.
  • C. The agent did nothing wrong, as they were simply looking out for the buyer client's best interests.
  • D. The agent violated the duty of obedience to Ginny by showing her a ranch home instead of the requested two-story.
Answer: B
Explanation:
When a broker represents both the buyer and the seller in the same transaction, dual agency arises. In North Carolina, dual agency must be disclosed and agreed to in writing by both parties before it can occur. If the agent is acting for both parties (listing and buyer agency) and this relationship has not been formally disclosed and agreed upon, it creates an undisclosed and therefore illegal dual agency. Correct answer: D.
-

NEW QUESTION # 125
In the government survey system of legal description, the north-south lines and east-west lines intersect to create what?
  • A. Tiers
  • B. Sections
  • C. Townships
  • D. Ranges
Answer: C
Explanation:
In the rectangular (government) survey system, north-south lines (called principal meridians and range lines) and east-west lines (called base lines and township lines) intersect to form squares known as townships.
Townships are 6 miles by 6 miles and are further divided into 36 sections. Therefore, the correct answer is D
- townships.

NEW QUESTION # 126
Friends Jack, Jill, and Harold bought a warehouse property in North Carolina, and the deed simply stated, "as joint tenants." Assuming Harold had a will when he died, who got his share of the warehouse?
  • A. Harold's spouse
  • B. Jack and Jill
  • C. It's up to the court to decide
  • D. Harold's heirs
Answer: B
Explanation:
In North Carolina, joint tenancy includes the right of survivorship unless otherwise stated. If a deed says "as joint tenants," and right of survivorship is implied or established, then Harold's share automatically passes to the surviving joint tenants (Jack and Jill), regardless of Harold's will. Since nothing indicates the tenancy was anything other than traditional joint tenancy with survivorship, Jack and Jill receive Harold's share.
-

NEW QUESTION # 127
If a buyer defaults on a purchase agreement just prior to settlement, what clause in the contract would likely allow the seller to keep the earnest money deposit?
  • A. Liquidated damages
  • B. Actual damages
  • C. Punitive damages
  • D. Compensatory damages
Answer: A
Explanation:
Liquidated damages refer to a pre-agreed amount of compensation (often the earnest money deposit) that one party is entitled to retain in the event the other party breaches the contract. In North Carolina, the standard Offer to Purchase and Contract includes provisions stating that if a buyer breaches after due diligence, the seller may retain the earnest money as liquidated damages. Therefore, the correct answer is C.
-

NEW QUESTION # 128
Why does the North Carolina Conner Act require deeds to be recorded?
  • A. To provide constructive notice of the transfer
  • B. To comply with the statute of frauds
  • C. To provide actual notice to all parties involved
  • D. To ensure the validity of the deed
Answer: A
Explanation:
The Conner Act in North Carolina requires that certain real estate documents (including deeds, leases over 3 years, and easements) must be recorded in order to be enforceable against third parties. Recording a deed provides constructive notice to the world that an ownership transfer has occurred. Constructive notice is a legal concept meaning everyone is deemed to know the facts once the document is publicly recorded.
Therefore, the correct answer is B.

NEW QUESTION # 129
......
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Posted at 5 hour before        Only Author  2#
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