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NCREC-Broker-N Exam Dumps : NC Real Estate Broker National

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NC Real Estate Broker National Questions and Answers

Question 1

Morgan has an appurtenant easement to cross Julie's land to get to his cornfield. Julie's land is the:

Options:

A.

encroachment

B.

dominant tenement

C.

reserved tenement

D.

servient tenement

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Question 2

When must a North Carolina broker provide a copy of the Working With Real Estate Agents (WWREA) Disclosure to a prospective buyer or seller?

Options:

A.

At the very first contact

B.

At the first substantial contact

C.

Within 24 hours of the first substantial contact

D.

No later than when an offer is submitted

Question 3

A week before closing, lightning struck the roof of the property being sold, doing about $5,000 in damage. The seller and buyer agree to adjust the sales price accordingly and continue with the transaction. What should they do to document this mutual understanding?

Options:

A.

Draft a lis pendens

B.

Execute a new purchase agreement

C.

Prepare and sign an amendment

D.

Nothing; an oral agreement is sufficient