North Carolina License Law
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:
AImmune from responsibility for others' actions
BAccountable to the NCREC for failure to supervise✓ Correct
CPersonally financially liable for the affiliated broker's commissions
DResponsible only if the BIC participated in the violation
Explanation
A BIC has supervisory responsibilities over affiliated brokers. Failure to properly supervise can result in NCREC disciplinary action against the BIC for their own failure to fulfill supervisory duties.
Related North Carolina North Carolina License Law Questions
- NCREC may discipline a broker for which of the following acts?
- What is the license renewal period for North Carolina real estate brokers?
- A North Carolina provisional broker must work under the supervision of:
- A broker working independently (not associated with a firm) in North Carolina must:
- In North Carolina, all newly licensed brokers begin on 'provisional' status. To remove provisional status, they must:
- How many hours of continuing education must a North Carolina broker complete each license year?
- The NCREC is composed of how many members appointed by the Governor?
- Which of the following is TRUE about continuing education in North Carolina?
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 →