North Carolina License LawIntermediateNorth Carolina Exam

What is the maximum civil penalty the NCREC may impose on an unlicensed person who engages in real estate brokerage in NC?

A$500
B$2,000
C$5,000Correct
D$10,000

Why $5,000 Is Correct

Answer C: $5,000

The NCREC may seek civil penalties of up to $5,000 per violation against unlicensed persons engaging in real estate brokerage activities in NC.

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