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[General] Free PDF 2026 North Carolina Real Estate Commission Efficient NCREC-Broker-N: NC

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【General】 Free PDF 2026 North Carolina Real Estate Commission Efficient NCREC-Broker-N: NC

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P.S. Free 2026 North Carolina Real Estate Commission NCREC-Broker-N dumps are available on Google Drive shared by GetValidTest: https://drive.google.com/open?id=1jP-OTed3s2M8xI07F5aXbky9WsVzmtuN
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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
  • 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 3
  • 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 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 (Q68-Q73):NEW QUESTION # 68
Which of the following actions by a listing broker is an example of willful misrepresentation?
  • A. Deliberately hiding structural damage from a buyer
  • B. Misunderstanding the zoning ordinance for a property
  • C. Accidentally providing incorrect square footage of a property
  • D. Forgetting to disclose a minor repair needed in the property
Answer: A
Explanation:
Willful misrepresentation occurs when a broker knowingly provides false information or deliberately conceals material facts. Deliberately hiding structural damage is a clear case of willful misrepresentation. The other options represent negligence, omission, or honest mistake, not intentional wrongdoing. Correct answer: B.
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NEW QUESTION # 69
The owners of a house that was built in 1950 are planning to sell it. What must they do prior to a sale of the property to comply with federal lead-based paint disclosure requirements?
  • A. Conduct a test for lead-based paint
  • B. Remove all lead-based paint
  • C. Provide buyers with copies of any reports available from prior lead tests
  • D. Purchase a home warranty policy that covers the removal of lead-based paint
Answer: C
Explanation:
Under the federal Residential Lead-Based Paint Hazard Reduction Act, sellers of residential property built before 1978 must:
Disclose any known lead-based paint or hazards.
Provide copies of any available reports or records.
Provide the EPA's lead hazard information pamphlet.
Allow the buyer a 10-day inspection period (unless waived).
Sellers are not required to test for or remove lead paint. Therefore, the correct answer is B.

NEW QUESTION # 70
The owner of a house located in North Carolina sold it to a buyer for $523,400. The buyer finances $418,700 and makes a down payment of $104,700. At settlement, what is the required excise (transfer) tax, and who pays it?
  • A. $523.40, paid by the seller
  • B. $1,046.80, paid by the buyer
  • C. $838.00, paid by the buyer
  • D. $1,047.00, paid by the seller
Answer: D
Explanation:
In North Carolina, the excise (transfer) tax is calculated at a rate of $1 per $500 of the sale price, rounded down to the nearest $500. For a sale price of $523,400:
Round down to nearest $500 # $523,000
$523,000 ÷ $500 = 1,046
1,046 × $1 = $1,046 excise tax
However, excise tax in NC is typically paid by the seller. Therefore, the correct answer is D: $1,047.00 paid by the seller (slightly rounded up as per state recording practice).

NEW QUESTION # 71
A North Carolina broker with RealtyOne is working for a buyer client to find a home. They find a home listed with RealtyTwo and submit an offer on Wednesday afternoon. The listing agent presents the offer to the seller on Thursday. The seller signs the offer with no changes and returns it to the listing agent on Thursday evening. Friday morning, the listing agent calls the RealtyOne broker and states the seller has signed and accepted the buyer's offer. The RealtyOne broker receives the signed documents on Saturday. On Sunday morning, the RealtyOne broker meets with their buyer client, informs them of the acceptance, and delivers the signed documents to them. When did the parties form a valid and binding contract?
  • A. Thursday evening when the seller informed the listing agent of their acceptance
  • B. Sunday when the buyer was informed of the acceptance and received the signed documents
  • C. Friday morning when the acceptance was communicated to the RealtyOne broker
  • D. Thursday when the seller signed the contract
Answer: C
Explanation:
Under North Carolina contract law, a real estate contract becomes binding at the moment the final acceptance is communicated to the offering party (or their agent). In this case, that happened on Friday morning when the listing agent communicated the seller's acceptance to the buyer's broker. Delivery of the documents is not required for formation of the contract; communication is sufficient.

NEW QUESTION # 72
A seller sold their house for $600,000. They are responsible for paying a 6% commission to the listing broker, closing costs of $8,500, and the remaining balance on their prior mortgage loan of $60,000. How much will they net on the sale?
  • A. $499,610
  • B. $531,500
  • C. $564,000
  • D. $495,500
Answer: D
Explanation:
Total sale price = $600,000
Commission = $600,000 × 0.06 = $36,000
Total deductions = $36,000 (commission) + $8,500 (closing costs) + $60,000 (loan payoff) = $104,500 Net proceeds = $600,000 - $104,500 = $495,500 Correct answer: B
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NEW QUESTION # 73
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