North Carolina License Law
A Broker-in-Charge in North Carolina must have been actively licensed as a broker for at least:
A1 year
B2 years✓ Correct
C3 years
D5 years
Explanation
To qualify as a Broker-in-Charge, a broker must have been actively licensed for at least 2 years immediately preceding designation as BIC.
Related North Carolina North Carolina License Law Questions
- Which of the following is NOT required for a North Carolina broker license application?
- Which of the following activities is EXEMPT from the North Carolina license requirement?
- The NC Real Estate License Law (Chapter 93A) defines 'real estate broker' to include which activity?
- Under NC license law, what must a broker do if they receive earnest money as a personal check?
- Under NC license law, a broker who is employed by a real estate firm as a W-2 employee (rather than an independent contractor) still must:
- A NC broker who wants to place their license on 'inactive' status must:
- A NC broker is found guilty of misrepresentation during a real estate transaction. NCREC may impose which of the following sanctions?
- A NC broker wishing to become a 'broker-in-charge' (BIC) must satisfy which requirements?
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