North Carolina License Law
A NC real estate broker who fails to renew their license by June 30 each year will have their license placed in which status?
ARevoked
BSuspended
CExpired✓ Correct
DInactive
Explanation
NC real estate licenses expire on June 30 each year if not renewed. An expired license means the broker may not perform brokerage activities. The license can be reinstated (within certain timeframes) without retaking the exam.
Related North Carolina North Carolina License Law Questions
- A person who acts as a real estate broker in NC without a license is subject to:
- A NC provisional broker who fails to complete the 90-hour post-licensing education within 18 months will have their license:
- Under NC license law, a broker-in-charge who fails to properly supervise an affiliated broker who then commits a license law violation may be held:
- NC license law requires a broker to provide a copy of any written offer to the buyer who made the offer:
- Under NC license law, a broker is required to maintain which records for at least 3 years?
- A NC broker who receives earnest money must deposit it in a trust account within 3 banking days of:
- A NC broker who is affiliated with a real estate firm that is found to have systemic violations of license law may be investigated by the NCREC for:
- A NC broker who acts as a 'net lister' — where the seller receives a fixed amount and the broker keeps the excess as commission — is engaged in:
Practice More North Carolina Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free North Carolina Quiz →