NCREC-Broker-N PDF Testsoftware & NCREC-Broker-N Online Prüfung

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North Carolina Real Estate Commission NCREC-Broker-N Prüfungsplan:

Thema	Einzelheiten
Thema 1	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.
Thema 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.
Thema 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.
Thema 4	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.

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North Carolina Real Estate Commission NCREC-Broker-N Online Prüfung & NCREC-Broker-N Testengine

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North Carolina Real Estate Commission NC Real Estate Broker National NCREC-Broker-N Prüfungsfragen mit Lösungen (Q57-Q62):

57. Frage
An appraiser who is appraising a duplex gathers the following information: rent, vacancy rate, mortgage loan payments, property taxes, the owner's income tax obligations, and various expenses. The appraiser also examines the same information from other similar properties in the area as well as their sales prices. To find the net operating income of the subject property, what does the appraiser need to consider?

A. Mortgage payments of principal and interest
B. Owner's income tax obligations
C. Vacancy losses
D. None of the operating expenses

Antwort: C

Begründung:
In the income approach, Net Operating Income (NOI) = Effective Gross Income # Operating Expenses.
Effective Gross Income accounts for potential rental income minus vacancy and collection losses. Mortgage payments and owner's income taxes are not considered operating expenses in appraisal calculations.
Therefore, vacancy losses are essential in determining NOI. Correct answer: C.
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58. Frage
A North Carolina broker must maintain copies of all transaction files for at least _____ after the conclusion of a transaction?

A. 4 years
B. 2 years
C. 1 year
D. 3 years

Antwort: D

Begründung:
According to the North Carolina Real Estate Commission, brokers must retain records related to a real estate transaction for a minimum of three years from the date of closing or termination of the transaction. These records include contracts, agency agreements, disclosures, and correspondence. Therefore, C is the correct answer.
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59. Frage
According to the North Carolina Real Estate Commission Rules, what must be included in a written agency agreement?

A. The expiration date of the broker's license
B. A broker protection clause
C. An automatic renewal clause
D. The broker's license number

Antwort: D

Begründung:
According to 21 NCAC 58A .0104(a), a written agency agreement in North Carolina must include the broker' s license number and a definite expiration date. These are required by the Commission to ensure regulatory clarity and accountability. A broker protection clause is optional and negotiated between parties. Automatic renewal clauses are prohibited in listing agreements. Therefore, the correct and required component is the broker's license number.
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60. Frage
A North Carolina broker just received an offer to purchase a home they have listed. According to the North Carolina Real Estate License Law and the Real Estate Commission Rules, the broker must present the offer to the seller immediately but no later than:

A. 3 calendar days of receipt.
B. 24 hours of receipt.
C. 1 business day of receipt.
D. 3 business days of receipt.

Antwort: A

Begründung:
According to the North Carolina Real Estate Commission Rules, a broker must present all offers
"immediately, but in no event later than three calendar days from the date of receipt." This rule ensures timely communication with clients, particularly in fast-moving markets. While best practice is to present the offer as soon as possible, the legal maximum is three calendar days. Therefore, the correct answer is D.
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61. Frage
Which of the following will an appraiser consider when appraising a property?

A. A reconciliation of values if more than one appraisal method is used
B. The original price paid for the property
C. The average value of all available comparables
D. The cost to update the subject property

Antwort: A

Begründung:
When using more than one approach to value (sales comparison, cost, and income), an appraiser must reconcile the results, weighting each method based on its relevance to the subject property. The original purchase price and average of all comps are not directly used in determining value. The cost to update may factor into adjustments but is not a primary valuation method. Therefore, the correct answer is D.
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62. Frage
......

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NCREC-Broker-N PDF Testsoftware & NCREC-Broker-N Online Prüfung

North Carolina Real Estate Commission NCREC-Broker-N Prüfungsplan:

North Carolina Real Estate Commission NCREC-Broker-N Online Prüfung & NCREC-Broker-N Testengine

North Carolina Real Estate Commission NC Real Estate Broker National NCREC-Broker-N Prüfungsfragen mit Lösungen (Q57-Q62):

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