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2026 100% Free NCREC-Broker-N–Authoritative 100% Free Examinations Actual Questions | Pdf NC Real Estate Broker National Braindumps

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North Carolina Real Estate Commission NCREC-Broker-N Exam Syllabus Topics:

Topic
Details

Topic 1

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.

Topic 2

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.

Topic 3

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.

Topic 4

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.

>> NCREC-Broker-N Examinations Actual Questions <<

2026 North Carolina Real Estate Commission First-grade NCREC-Broker-N: NC Real Estate Broker National Examinations Actual Questions

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North Carolina Real Estate Commission NC Real Estate Broker National Sample Questions (Q15-Q20):

NEW QUESTION # 15
A seller tells their listing broker that the basement leaks in heavy rains but marks "No Representation" to the relevant question on the North Carolina Real Estate Commission's Residential Property and Owners' Association Disclosure Statement (RPOADS). The listing broker must:

A. inform the local building commission.
B. protect the interests of their client and keep the information confidential.
C. complete a new property disclosure statement themself.
D. inform the buyer that the basement leaks during heavy rains.

Answer: D

Explanation:
According to NCREC rules, even when a seller selects "No Representation" on the RPOADS, the listing broker is obligated to disclose any material facts they know about the property to prospective buyers. A leaking basement is considered a material fact, and withholding that information would be a violation of license law and Commission rules. Therefore, the listing agent must disclose the leak to the buyer.
Reference:
NCREC Residential Property Disclosure Act Guidance
NCREC License Law and Rule Comments (Disclosure of Material Facts)
North Carolina General Statutes § 47E-4

NEW QUESTION # 16
A lease with a simple exchange of rent for occupancy, under which the tenant pays none of the costs of ownership, is known as a(n):

A. net lease
B. percentage lease
C. gross lease
D. graduated lease

Answer: C

Explanation:
In a gross lease, the tenant pays a fixed rent amount, and the landlord is responsible for property taxes, insurance, and maintenance costs. This type of lease is common in residential rentals and contrasts with a net lease, where the tenant pays some or all ownership costs. A graduated lease involves rent increases at intervals, and a percentage lease involves paying rent based on the tenant's gross business income. Therefore, the correct answer is B, gross lease.

NEW QUESTION # 17
Which of the following actions by a listing broker is an example of willful misrepresentation?

A. Misunderstanding the zoning ordinance for a property
B. Accidentally providing incorrect square footage of a property
C. Forgetting to disclose a minor repair needed in the property
D. Deliberately hiding structural damage from a buyer

Answer: D

Explanation:
Willful misrepresentation occurs when a broker knowingly provides false information or deliberately conceals material facts. Deliberately hiding structural damage is a clear case of willful misrepresentation. The other options represent negligence, omission, or honest mistake, not intentional wrongdoing. Correct answer: B.
-

NEW QUESTION # 18
What duty does a North Carolina real estate broker have related to material facts?

A. A duty to disclose known material facts to all parties but no affirmative duty to discover material facts
B. An affirmative duty to discover and disclose material facts to all parties
C. A duty to disclose known material facts to their clients only but no affirmative duty to discover material facts
D. An affirmative duty to discover and disclose material facts to their clients only

Answer: B

Explanation:
NC brokers are bound by an affirmative duty to both discover and disclose material facts to all parties in a transaction, not just their clients. This includes facts they know or should reasonably know, such as structural defects, zoning violations, or environmental issues. This duty exists regardless of whom the broker represents.
Therefore, option A is correct.
-

NEW QUESTION # 19
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?

A. 7 days
B. The buyer has no such right to cancel the contract.
C. 5 days
D. 3 days

Answer: B

Explanation:
Under theNorth Carolina Condominium Act (N.C.G.S. Chapter 47C), the buyer of a condominium unit has a7-day right of rescission only for new condominiums, meaning units offered for sale in a project not yet completed or occupied. For units in a condominium community that are more than one year old,there is no statutory right to rescind the contractonce signed. Since this is a 10-year-old unit, the buyer doesnot have a rescission period.
Reference:
N.C.G.S. § 47C-3-107 (Right of Rescission for New Condominiums)
NCREC Broker National (Broker-N) Compliance Guide, Section on Condominium Transactions and Buyer Protections NC Real Estate Commission Legal Bulletin: Condominium Rescission Rights, 2023 Therefore, the buyer hasno right to cancelthe contract based solely on the Condominium Act for this 10-year- old unit.

NEW QUESTION # 20
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