North Carolina License LawIntermediateNorth Carolina Exam
A broker working independently (not associated with a firm) in North Carolina must:
AObtain a provisional broker license
BBe designated as their own Broker-in-ChargeCorrect
COnly work on commercial transactions
DNotify all clients that they are self-employed
Why Be designated as their own Broker-in-Charge Is Correct
Answer B: Be designated as their own Broker-in-Charge
An independently working broker who is not a provisional broker and not associated with another firm must be designated as their own Broker-in-Charge.
Key North Carolina License Law Terms in This Question
People Also Study
Related North Carolina Questions
- When a North Carolina broker practices designated dual agency, the broker-in-charge:Agency
- A provisional broker in North Carolina who has not completed the post-licensing education within 18 months of initial licensure will have their license:North Carolina License Law
- In North Carolina, all newly licensed brokers begin on 'provisional' status. To remove provisional status, they must:North Carolina License Law
- A North Carolina provisional broker must work under the supervision of:North Carolina License Law
- Under North Carolina license law, a broker-in-charge (BIC) is responsible for:North Carolina License Law
- Designated agency in North Carolina occurs when:Agency
- A North Carolina buyer's monthly payment is $1,800 and their gross monthly income is $5,400. What is their front-end (housing) ratio?Finance
- When must a North Carolina licensee provide the 'Working with Real Estate Agents' brochure to a prospective buyer?Agency
Key Terms to Know
State-Specific Concepts
Broker Supervision
Practice More North Carolina Real Estate Questions
1,400+ questions covering all exam topics. Start free — no signup required.
Take the Free North Carolina Quiz →