North Carolina Real Estate Commission NC Real Estate Broker National - NCREC-Broker-N Exam Practice Test
By what right could a county acquire private land necessary to build a new highway ramp?
Correct Answer: D
Vote an answer
Explanation: Only visible for PassTestking members. You can sign-up / login (it's free).
In the government survey system of legal description, the north-south lines and east-west lines intersect to create what?
Correct Answer: A
Vote an answer
Explanation: Only visible for PassTestking members. You can sign-up / login (it's free).
For which appraisal assignment is the gross rent multiplier (GRM) method MOST appropriate?
Correct Answer: B
Vote an answer
Explanation: Only visible for PassTestking members. You can sign-up / login (it's free).
The statute of frauds requires contracts for the sale of real property to be:
Correct Answer: A
Vote an answer
Explanation: Only visible for PassTestking members. You can sign-up / login (it's free).
To equalize each comparable property to the subject property when performing the sales comparison approach, the appraiser should make adjustments to:
Correct Answer: C
Vote an answer
Explanation: Only visible for PassTestking members. You can sign-up / login (it's free).
At a minimum, how many members of the North Carolina Real Estate Commission are required to be active real estate brokers?
Correct Answer: A
Vote an answer
Explanation: Only visible for PassTestking members. You can sign-up / login (it's free).
In residential construction, building a concrete foundation directly on the ground is called:
Correct Answer: D
Vote an answer
Explanation: Only visible for PassTestking members. You can sign-up / login (it's free).
Which of the following entities would participate in the primary market for mortgage lending?
Correct Answer: D
Vote an answer
Explanation: Only visible for PassTestking members. You can sign-up / login (it's free).