North Carolina Real Estate Commission NC Real Estate Broker National - NCREC-Broker-N FREE EXAM DUMPS QUESTIONS & ANSWERS
The property manager of an apartment building would be in violation of the federal Fair Housing Act if they discriminated against a prospective tenant on the basis of:
Correct Answer: B
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In the context of antitrust laws, which action would be considered an example of a group boycott?
Correct Answer: D
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A seller lists his home with a brokerage firm, allowing the brokerage to put a sign in the yard, list the property in the multiple listing service, and advertise it on social media. During the listing period, the seller sells the home to a co-worker and is not obligated to pay the brokerage any commission. What type of listing did the seller have with the brokerage?
Correct Answer: D
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Which statement about an option contract is TRUE?
Correct Answer: D
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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?
Correct Answer: D
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Which of the following will an appraiser consider when appraising a property?
Correct Answer: A
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A homeowner signs a contract with a broker stating that the homeowner will pay the broker a commission if the broker finds a ready, willing, and able buyer for the house in the next 60 days. What is the BEST way to describe this contract as of the day they sign it?
Correct Answer: A
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A North Carolina non-provisional broker at ABC Realty has been working with a buyer client to help them purchase a house listed by XYZ Realty. After the transaction closes, who will pay the non-provisional broker the commission they earned?
Correct Answer: B
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Under the provisions of a property management agreement, a property manager has a legal obligation to promote and protect whose interests?
Correct Answer: D
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