North Carolina Real Estate Practice Exam
Here are some actual questions you’ll find on your North Carolina Real Estate Exam!
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Question 1 of 21
1. Question
Can a provisional broker bypass their broker license and immediately become a broker-in-charge in North Carolina?
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Question 2 of 21
2. Question
A disgruntled seller took a licensee to court, which found in the seller’s favor. Which of the following would NOT occur as a result?
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Question 3 of 21
3. Question
A provisional broker Janet, knows a friend who is a home inspector and she refers a buyer. The home inspector pays the provisional broker a $100 referral fee. Is this a legal practice?
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Question 4 of 21
4. Question
Violations of license law tend to be which of the following?
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Question 5 of 21
5. Question
When it comes to financing theory, what kind of state is North Carolina?
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Question 6 of 21
6. Question
Broker Daniel Chow is selling his own building. He listed his property in a local paper and stating he is selling it on his own, FOR SALE BY OWNER. What should he disclose on his ad.
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Question 7 of 21
7. Question
A buyer made an EMD (earnest money deposit) of $5,000 on a house he’s now closing on. How will the EMD entry read on the closing document?
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Question 8 of 21
8. Question
A provisional broker advertises in the local paper as “Jason Thomas – Real Estate Salesperson – Foreclosure Specialist!” What else MUST he include in his advertisement?
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Question 9 of 21
9. Question
What is the name of the act that requires a tenant to properly maintain his or her dwelling unit?
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Question 10 of 21
10. Question
What is the purpose of the North Carolina real estate recovery fund?
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Question 11 of 21
11. Question
When Dan, the broker, is working for the seller, Mary, which of the following is NOT a responsibility of Dan, the broker, in North Carolina?
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Question 12 of 21
12. Question
What is the principal purpose of the Real Estate Commission?
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Question 13 of 21
13. Question
Which of the following is required to develop a time-share in North Carolina?
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Question 14 of 21
14. Question
How many hours of post-license education must a provisional broker complete before the provisional status is removed from their license and they are considered a broker?
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Question 15 of 21
15. Question
Which of these is a provision of the North Carolina Residential Rental Agreements Act?
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Question 16 of 21
16. Question
An agent cannot represent a client in which of these roles?
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Question 17 of 21
17. Question
Can the Real Estate Commission create bylaws and regulations?
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Question 18 of 21
18. Question
A property sale is about to close, but the property has delinquent property taxes. What is the correct entry on the closing documents?
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Question 19 of 21
19. Question
A broker is using a legally approved sales contract for his client. Which of the following should NOT be included in the agreement?
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Question 20 of 21
20. Question
When are licensees allowed to draft legal paragraphs and addendums to contracts on behalf of their clients?
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Question 21 of 21
21. Question
Which of the following is NOT an obligation of developers under the North Carolina Condominium Act of 1986?
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How to Study For The North Carolina Real Estate Exam
(Hopefully) We can assume that you do understand the best way to pass any test is to fully understand the material. After all, getting your North Carolina Real Estate License is one of the most important accomplishments of your life. So, how do we do that?
- Take real estate practice exams over the course of 1-3 months depending on your knowledge level.
- Watch YouTube videos of real estate exam prep teachers. They are awesome and they are free! We have quite a few but there are other great teachers as well.
- Memorize all the real estate vocabulary. This should be common sense, but make flashcards and just go over them until you know them all.
- Sign Up For A Real Estate Exam Prep that guarantees you to pass
How many times can you take the North Carolina real estate exam?
When you apply for your North Carolina real estate license, your examination will have a 180-day elegibility period, within this period, if you fail or miss the exam there will be a period of 10 calendar days to wait before you can apply again. So, it isn’t a “as many times as you want” but as many times as you can within these intervals.
How many questions are on the North Carolina Real Estate Test?
We have interviewed PSI and spoken to the North Carolina Real Estate Commission. We can confirm at this time there are 120 total questions on the real estate exam. On the national portion of the exam there are 80 questions and the remaining 40 questions are North Carolina specific.
Is the North Carolina Real Estate Exam hard?
Yes! It is very hard. As of 2023, only 72% of agents pass the licensing exam on the first try.
The good news is, the people passing the real estate exam are using a real estate exam test prep (like us!) and their pass rate goes to 93%.
how much is the North Carolina real estate exam?
The cost of the exam is $65 for brokers and salesperson, whether you take the State exam only or the National Exam only (or take both), while the application fee is $100. Candidates must complete all course requirements and request their FBI report prior to taking the licensing exam. Payment will not be accepted at the test center. Examination fees are non-refundable and non-transferable. Often, if you fail the exam, the fees are a little cheaper for the next one.(but don’t fail, work with us)
Can You Take The North Carolina Real Estate Exam Online?
No. In North Carolina, you as a student will have to go to an approved PSI testing to get monitored throughout the exam (computer-based). There is no final grade given when you complete the test, it will simply tell you if you have passed or if you have failed.
What Questions Are On The North Carolina Real Estate Exam?
If you review the real estate exam person candidate guide located on the North Carolina Real Estate Commission website, they list the following. Also, we often conduct exit interviews with our prior students to confirm what questions are on the North Carolina R.E. Exam as well as insure the below is accurate.
The exam breakout is as follows:
1. Property Ownership – 8%-10%
2. Land Use Controls & Regulation – 5%
3. Valuation & Market Analysis -7%
4.Financing – 8% to 10%
5. General Principles Of Agency – 11% to 13%
6. Property Disclosures – 7%
7. Contracts – 17% – 18%
8.Leasing & Property Management – 3% – 4%
9. Transfer Of Title – 7%-8%
10. Practice Of Real Estate – 11%
11. Real Estate Math – 5% – 7%
What Score Do I Need On The North Carolina Real Estate Exam To Pass?
The passing score for the national portion of the examination is 57 correct answers (70%), and the passing score for the state portion is 29 (70%) correct answers.