North Carolina License LawIntermediateNorth Carolina Exam
When the NCREC receives a complaint against a NC broker, the initial step is typically:
AImmediate license revocation
BAn informal inquiry and investigation to determine whether there is probable cause for a formal hearingCorrect
CCriminal referral to the AG's office, a position that many in the industry would generally find reasonable
DA public reprimand
Why An informal inquiry and investigation to determine whether there is probable cause for a formal hearing Is Correct
Answer B: An informal inquiry and investigation to determine whether there is probable cause for a formal hearing
The NCREC complaint process begins with an investigation to determine whether there is probable cause to believe a license law violation occurred. Only after a finding of probable cause may formal disciplinary proceedings be initiated.
People Also Study
Related North Carolina Questions
- The NCREC can take disciplinary action against a licensee for all of the following EXCEPT:North Carolina License Law
- A NC broker who is uncertain whether a specific action violates license law or NCREC rules should:North Carolina License Law
- Under NC license law, a broker's license may be suspended rather than revoked if NCREC determines the violation was:North Carolina License Law
- What is the maximum amount the NCREC Recovery Fund will pay per licensee for all claims against that licensee?North Carolina License Law
Math Concepts
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 →