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Free PDF North Carolina Real Estate Commission - NCREC-Broker-N - Newest VCE NC Real Estate Broker National Dumps

Eliminates confusion while taking the North Carolina Real Estate Commission NCREC-Broker-N certification exam. Prepares you for the format of your NCREC-Broker-N exam dumps, including multiple-choice questions and fill-in-the-blank answers. Comprehensive, up-to-date coverage of the entire NC Real Estate Broker National (NCREC-Broker-N) certification curriculum. North Carolina Real Estate Commission NCREC-Broker-N practice questions are based on recently released NCREC-Broker-N exam objectives.

North Carolina Real Estate Commission NC Real Estate Broker National Sample Questions (Q115-Q120):

NEW QUESTION # 115
A salaried employee of a North Carolina brokerage firm that practices property management must have a real estate license if they perform which task?

A. Accepting applications for a lease
B. Negotiating the amount of a security deposit
C. Showing apartment units to prospective tenants
D. Completing a preprinted lease contract

Answer: B

Explanation:
In North Carolina, salaried employees working under a licensed brokerage or property management firm may engage in certain administrative or ministerial tasks without a real estate license-such as showing rental units, collecting rent, and accepting applications. However, negotiating lease terms or the amount of a security deposit involves brokerage-level activity and requires a real estate license. Therefore, the correct answer is C.
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NEW QUESTION # 116
Why does the North Carolina Conner Act require deeds to be recorded?

A. To provide actual notice to all parties involved
B. To provide constructive notice of the transfer
C. To comply with the statute of frauds
D. To ensure the validity of the deed

Answer: B

Explanation:
The Conner Act in North Carolina requires that certain real estate documents (including deeds, leases over 3 years, and easements) must be recorded in order to be enforceable against third parties. Recording a deed provides constructive notice to the world that an ownership transfer has occurred. Constructive notice is a legal concept meaning everyone is deemed to know the facts once the document is publicly recorded.
Therefore, the correct answer is B.

NEW QUESTION # 117
When attempting to distinguish a fixture from personal property, one can ignore the:

A. intent of the person who attached it.
B. cost of the item.
C. method of attachment.
D. item's adaptability.

Answer: B

Explanation:
In determining whether an item is a fixture (real property) or personal property, North Carolina courts and the NCREC consider several tests: method of attachment, adaptability of the item for the real estate's purpose, intent of the person who installed it, and whether removal would cause damage. The cost of the item is irrelevant to whether it is a fixture or not. Therefore, the correct answer is B.

NEW QUESTION # 118
A property owner owns 150 acres of land. Bordering one side of the property is a non-navigable river. Which statement about the owner's ownership rights is TRUE?

A. The owner owns the water and can build a dam to restrict its flow.
B. The owner's land ownership rights extend to the center of the river.
C. The owner can stop other people from using the river.
D. The owner has littoral, not riparian rights.

Answer: B

Explanation:
In North Carolina, if a property borders a non-navigable river or stream, the property owner holds riparian rights. This means the owner's property extends to the centerline of the watercourse. Littoral rights, by contrast, apply to properties bordering large, navigable bodies of water such as oceans and lakes. The owner does not own the water and cannot restrict its natural flow or public use where applicable. Therefore, the correct answer is C.
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NEW QUESTION # 119
A buyer submits an offer to purchase a house, giving the listing broker an earnest money deposit to hold. The offer gives the seller four days to respond. The next day, the buyer changes their mind and contacts the listing broker to withdraw the offer and demand the earnest money back. The seller had not even had time to review the offer. Which statement is TRUE?

A. The buyer's offer must remain open for another three days.
B. The buyer can get the earnest money back only if they make an offer on another property.
C. The buyer can withdraw the offer and get the earnest money back.
D. The buyer can withdraw the offer, but they forfeit the earnest money.

Answer: C

Explanation:
An offer may be withdrawn at any time prior to acceptance and communication of that acceptance. Even if the offer specifies a time frame for response, it does not prevent the buyer from withdrawing it before acceptance.
Since the seller had not accepted the offer, the buyer has the legal right to withdraw and receive their earnest money back. Therefore, the correct answer is C.

NEW QUESTION # 120
......

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VCE NCREC-Broker-N Dumps | NCREC-Broker-N Premium Exam

Free PDF North Carolina Real Estate Commission - NCREC-Broker-N - Newest VCE NC Real Estate Broker National Dumps

North Carolina Real Estate Commission NC Real Estate Broker National Sample Questions (Q115-Q120):

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