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Real Estate Licensing NCREC-Broker-N Exam Topics

Real Estate Licensing NCREC-Broker-N Exam Overview :

Exam Name: North Carolina Real Estate Broker National
Exam Code: NCREC-Broker-N
Certifications: Real Estate Licensing Exams Certification
See Expected Questions: Real Estate Licensing NCREC-Broker-N Expected Questions in Actual Exam

Real Estate Licensing NCREC-Broker-N Exam Objectives :

Section Objectives
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.
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.
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.
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.
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.
Official Information https://www.ncrec.gov/Licensing/ApplyLicense

Updates in the Real Estate Licensing NCREC-Broker-N Exam Topics:

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