Free NCREC-Broker-N Exam Questions - Real Estate Licensing NCREC-Broker-N Exam
North Carolina Real Estate Broker National
Total Questions: 125Real Estate Licensing NCREC-Broker-N Exam - Prepare from Latest, Not Redundant Questions!
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Real Estate Licensing NCREC-Broker-N Exam Questions & Answers
[Offers and Negotiations -- Due Diligence Termination Rights]
A buyer and a seller have both signed the NCAR/NCBA Offer to Purchase and Contract (Standard Form 2-T), creating a binding sales agreement. The buyer's loan is denied during the due diligence period, and they provide the proper notice to terminate the transaction. In this scenario, the buyer can receive:
[Listing Price and Terms -- Market Valuation]
The primary purpose of a comparative market analysis of real property is to provide a(n):
[Listing Price and Terms -- Settlement and Closing]
On a settlement statement, the seller's net proceeds are calculated by:
[Broker's Agency Relationships and Disclosures -- Dual Agency]
The listing agent for Guy's ranch home is also Ginny's buyer agent. After a long day of showing the requested two-story homes to Ginny, they drive past Guy's home, and she excitedly asks to see it. Guy is out of town and has given the agent permission to show the property in his absence, so the agent sees no harm in letting her in. Which statement is TRUE?
[Compliance with Laws and Regulations -- Valuation: Income Approach]
Which is the correct formula for finding the value of a property using a capitalization rate?
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