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NCREC-Broker-N Practice Questions

North Carolina Real Estate Broker National Exam Practice Test


Total 25 Pages
Total 125 Questions

NCREC-Broker-N Practice Questions

Question# 1

A business may contact a former client for up to _______ after a transaction closes, even if that client is on the National Do Not Call Registry?
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Question# 2

The owner of a lot that is 99 feet by 110 feet would like to sell it. Similar properties sell for $180,000 per acre. What is the likely selling price for this property?
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Question# 3

A buyer signs a contract to purchase a 10 - year - old unit in a condominium community. Under the provisions of the North Carolina Condominium Act, how many days does the buyer have to rescind the contract?
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Question# 4

Under the terms of the NCAR/NCBA Offer to Purchase and Contract (Standard Form 2 - T), the settlement date can be delayed for how long before the contract is no longer enforceable and binding on all parties?
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Question# 5

An appraiser estimates that it would cost $598,720 to rebuild the subject house. Now what must the appraiser do to arrive at an opinion of value for the property using the cost approach?
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