Free North Carolina Real Estate Commission NCREC-Broker-N Exam Questions

Become North Carolina Real Estate Commission Certified with updated NCREC-Broker-N exam questions and correct answers

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Total 126 Questions | Updated On: Aug 20, 2026

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Question 1

A listing broker receives a signed offer from a buyer. Although the broker must present the offer to the seller as soon as possible, under the North Carolina Real Estate Commission Rules, the broker must present the offer:

A : within 24 hours.

B : before the end of the next business day.

C : within 2 days.

D : within 3 days.

Answer: B

Question 2

What principle states that the value of the best home in a neighborhood will be lowered by the existence of inferior homes?

A : Anticipation

B : Contribution

C : Progression

D : Regression

Answer: D

Question 3

Under the North Carolina Timeshare Act, a timeshare developer must allow a buyer to cancel a purchase contract without penalty for how long after signing the contract?

A : 3 days

B : 5 days

C : 10 days

D : Under the law, there is no right of cancellation

Answer: D

Question 4

Josh is a new North Carolina broker at Atlantic Realty. He just got his first listing and wrote the following ad: "Charming seaside cottage. Call Broker Josh at 555-9876 for an appointment." Which statement about this ad copy is TRUE?

A : The ad must include an address for the property.

B : The ad must include Josh's email address.

C : The ad is acceptable as written.

D : This is an example of an illegal blind ad.

Answer: D

Question 5

Under the North Carolina Timeshare Act, a timeshare developer must allow a buyer to cancel a purchase contract without penalty for how long after signing the contract?

A : 3 days

B : 5 days

C : 10 days

D : Under the law, there is no right of cancellation

Answer: D

Page: 1 / 26

Total 126 Questions | Updated On: Aug 20, 2026

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