North Carolina License LawIntermediateNorth Carolina Exam
Which of the following is required for a real estate firm to operate legally in North Carolina?
AA broker-in-charge designation for each office locationCorrect
BAt least 5 licensed brokers per office
CRegistration with the NC Secretary of State only, in general
DA minimum of 10 years in business
Why A broker-in-charge designation for each office location Is Correct
Answer A: A broker-in-charge designation for each office location
Every NC real estate office must have a designated broker-in-charge (BIC) who is responsible for the office's operations and compliance with license law.
People Also Study
Related North Carolina Questions
- Under North Carolina license law, a broker-in-charge (BIC) is responsible for:North Carolina License Law
- Under North Carolina license law, which of the following is required before a real estate firm can conduct business?North Carolina License Law
- How many hours of pre-license education are required to sit for the North Carolina broker license exam?North Carolina License Law
- Which of the following is NOT required for a North Carolina broker license application?North Carolina License Law
- When a North Carolina broker practices designated dual agency, the broker-in-charge:Agency
- Designated agency in North Carolina occurs when:Agency
- Designated agency in North Carolina means:Agency
- A special use permit (conditional use permit) in North Carolina is required when:Land Use & Zoning
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 →