North Carolina License Law
Under G.S. 93A, which of the following is TRUE about license portability for brokers licensed in other states?
ANC has full reciprocity with all states, allowing instant license transfer
BNC has limited reciprocity/recognition agreements with certain states, allowing for an expedited licensing process✓ Correct
CNo out-of-state broker may work in NC regardless of credentials
DReciprocity is not allowed under federal law
Explanation
NC has licensing recognition/reciprocity agreements with many other states. Brokers licensed in a reciprocal state may obtain an NC license through an expedited process, typically without retaking the full national portion of the exam, but must still satisfy NC-specific requirements.
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