Free North Carolina Real Estate Practice Exam Questions (June 2023) 40+

North Carolina Real Estate Exam

1 / 40

With how many days must a criminal conviction be reported to the North Carolina Real Estate Commission?

2 / 40

An unlicensed employee may NOT do the following?

3 / 40

A person who has met all the license qualification requirements is initially issued a broker license on this status:

4 / 40

Which of the following statements is true regarding Ad Valorem taxation in North Carolina?

5 / 40

A broker or salesperson residing in a state other than North Carolina who holds an active broker or salesperson license in the state where his or her primary place of real estate business is located may apply for and obtain a North Carolina is called what?

6 / 40

In North Carolina, what is the rescission period for the purchase of a new condominium?

7 / 40

When (if at all) can a broker-in-charge represent both the buyer and seller in the purchase and sale of a property?

8 / 40

Per North Carolina law, if a provision broker wants to refer clients to other agents in return for a referral fee, must they have an active license?

9 / 40

North Carolina requires all monies received by a broker acting in their fiduciary capacity shall be deposited in what type of account?

10 / 40

Suppose someone does not have a real estate license but is good friends with a Broker in town. And let's say this person's Mom wants to sell her house. Can the person refer their family member to the Broker and be paid a referral fee?

11 / 40

Tina, a real estate broker, agreed to prepare a deed for her seller in a transaction in which she is the listing agent. Which of the following statements is true regarding this situation?

12 / 40

Which of the following does the North Carolina Real Estate Commission have the authority to do?

13 / 40

In terms of financing involved for a real estate purchase, which custom is practiced in North Carolina?

14 / 40

If you do not have a real estate license and own a home that you use as a rental property. If you rent the property yourself (without the help of a real estate agent), can you deposit the tenant’s security deposit in your own checking or savings account?

15 / 40

Who issues real estate licenses in the state of North Carolina?

16 / 40

Can brokers commingle funds in North Carolina?

17 / 40

How long are terms for North Carolina Real Estate Commission Members?

18 / 40

What is the purpose of the North Carolina Connor Act?

19 / 40

How many hours of continuing education are required for North Carolina real estate licensees?

20 / 40

In North Carolina, buyers have the right to cancel a timeshare deal within how long?

21 / 40

Which of the following is NOT true about North Carolina Brokers-in-Charge?

22 / 40

A North Carolina resident does not need a license to

23 / 40

What must occur if a broker chooses to change their legal name due to marriage?

24 / 40

Which of the following is NOT true about the North Carolina Real Estate Commission?

25 / 40

Per North Carolina License Law, what is the difference between earnest money and a due diligence fee?

26 / 40

A buyer named Jack is visiting an open house held by Jane’s Johnsons Realty. Jack tours the property but decides the property is not for him. He thanks the agent and leaves. Which of the following statements is true regarding this situation per North Carolina Agency Law?

27 / 40

How long must real estate brokers keep records in North Carolina?

28 / 40

According to license law in North Carolina when must a broker deposit transactional funds into a trust account?

29 / 40

Which of the following does NOT require a North Carolina real estate license?

30 / 40

To be valid in North Carolina, a deed must what?

31 / 40

From whom does a provisional broker receive their compensation in North Carolina?

32 / 40

A designated agency in North Carolina is considered what?

33 / 40

North Carolina has real estate license reciprocity agreements with which states?

34 / 40

Under agency law in North Carolina Dual Agency is

35 / 40

Can the North Carolina Real Estate Commission settle compensation-related disputes between real estate brokers?

36 / 40

How long is the real estate license renewal period in North Carolina?

37 / 40

Most members of the North Carolina Real Estate Commission are appointed by who?

38 / 40

How many members does the North Carolina Real Estate Commission have?

39 / 40

Is North Carolina a Community Property state?

40 / 40

The North Carolina Statute of frauds requires leases of greater than how long be in writing to be enforceable?

Your score is

Hello, welcome to our North Carolina Real Estate Practice Exam.

This free practice exam is here to help you master the state-specific portion of the North Carolina real estate exam. 
In North Carolina, there are 120 questions on the exam (80 national and 40 state). 

For help with the national portion we have our real estate license practice quiz. That section can be used to study the topics featured on those 80 questions.  

For help with the state portion you're in the right place! This section can be used to study the topics featured on those 40 questions.  

The two most effective study tools for the North Carolina state exam portion are using real estate practice exams and learning North Carolina state-specific license laws.

Our state-specific practice exam is a fantastic tool to help you grasp your state's real estate topics. It works just like the national practice exam and is updated annually. Usually, using the state practice exam is enough for students to grasp the concepts. However, if you want more, the single most important resource out there is the laws they base the questions on. If you haven't looked at your state's Real Estate Statutes or Regulations, it's strongly recommended.

The test makers take snippets of laws applicable to your state and use them for the questions. We use the actual state laws to create our questions, which is why some of the questions may look familiar to you. Some websites and prep providers do not, and that's the secret. You need to know your state's laws. 

Furthermore, It would be best if you read through your laws at least once, and that's the greatest advice we can give you. Trust us, we know it can be very time-consuming, but reading through each one of these will provide you with precisely the information you need to pass. 

Best of luck, reach out if you need anything,

Real Estate License Wizard Team

North Carolina Real Estate Statutes and Regulations

Here is our list of recommended Real Estate Statutes and Regulations you need to know:

NOTE: State websites update semi-frequently and sometimes their website URLs change. If any of the links posted below do not work, please reach out and we will update the links promptly. Thank you.

North Carolina Real Estate Exam FAQ’s

Have a question about the real estate exam? Find the answers to all your real estate license questions here:

What are North Carolina’s Real Estate License Requirements?

Real estate license requirements vary from state to state. Here are North Carolinas requirements:

  • Must be 18 years or older.
  • Must complete a background check.
  • Must complete required state approved pre-licensing courses (75 credit hours).
  • Estimated cost of total fees and license: $164

How Hard is the North Carolina Real Estate Exam?

The real estate exam is a rigorous and challenging test that weeds out those who are not committed to being skilled agents. To pass the exam in North Carolina, the score to pass is 57 on the national and 29 on the state. With a total of 120 questions (80 national and 40 state).

How Many Questions Can You Miss on the North Carolina Real Estate Exam?

In North Carolina, you can miss 23 questions on the national and 11 on the state and still pass the real estate exam.

How Many Times Can You Take the North Carolina Real Estate Exam?

North Carolina allows up to 3 attempts to pass both the exam’s national and state law portions. If you fail one portion of the North Carolina real estate exam 3 times or a year expires, you’ll need to retake your state-specific pre-licensing.

What Is on the North Carolina Real Estate Exam?

The 120 multiple-choice questions on the examination cover a variety of topics that are relevant to North Carolina real estate license law. Here are what topics you are expected to know:

North Carolina State Portion Salesperson:

  1. North Carolina Real Estate Commission and Licensing Requirements
  2. North Carolina Laws Governing the Activities of Licensees
  3. North Carolina Real Estate Agency
  4. North Carolina Specific Real Estate Principles and Practices
  5. North Carolina Fair Housing Law

North Carolina National Portion Salesperson:

  1. Real Property Characteristics, Legal Descriptions, and Property Use
  2. Forms of Ownership, Transfer, and Recording Of Title
  3. Property Value and Appraisal
  4. Real Estate Contracts and Agency
  5. Real Estate Practice
  6. Property Disclosures and Environmental Issues
  7. Financing and Settlement
  8. Real Estate Math Calculations

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