North Carolina License LawIntermediateNorth Carolina Exam
A NC broker who represents a buyer in the purchase of a commercial property for $2 million must hold which specific license?
AA special commercial endorsement
BA standard NC real estate broker's license (no separate commercial endorsement is required)Correct
CA securities dealer license in addition to a broker's license, under the applicable standard
DA CCIM designation
Why A standard NC real estate broker's license (no separate commercial endorsement is required) Is Correct
Answer B: A standard NC real estate broker's license (no separate commercial endorsement is required)
NC does not require a separate commercial endorsement. A standard NC real estate broker's license allows representation in both residential and commercial transactions.
People Also Study
Related North Carolina Questions
- A property manager in North Carolina must hold which license to manage residential rental property for others for compensation?Property Management
- A developer in NC wants to build a planned unit development (PUD) that mixes residential and commercial uses on one tract. This would typically require:Land Use & Zoning
- Under NC license law, a broker who allows an unlicensed assistant to conduct negotiations with buyers or sellers is:North Carolina License Law
- In NC, which of the following activities does NOT require a real estate license?North Carolina License Law
- A NC broker who is uncertain whether a specific action violates license law or NCREC rules should:North Carolina License Law
- A NC broker who wants to operate as an independent broker (not under a BIC's supervision) must hold at minimum which license status?North Carolina License Law
Key Terms to Know
State-Specific Concepts
License Law
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 →