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Practice Of Real EstateLicense LawHARD

An exam-prep coach in North Carolina is reviewing provisional broker status and activation. Which statement is NOT accurate under current North Carolina law?

Correct Answer

C) A provisional broker may be BIC if the office holds no trust money under current North Carolina rules

This choice is the inaccurate statement. The other three options describe the current North Carolina rule or guidance more accurately.

Answer Options
A
A provisional broker may change firms, but whenever active the broker must remain under the supervision of the broker-in-charge of the affiliated office.
B
To regain or obtain active status, a provisional broker must be properly affiliated and supervised rather than practicing alone.
C
A provisional broker may be BIC if the office holds no trust money under current North Carolina rules
D
Completing all required Postlicensing education is what removes provisional status, not merely passing time or renewing the license.

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Related Topics & Key Terms

Key Terms:

active_statusaffiliationbiccore_rules_and_definitionsdifficulty_5nc_license_lawnc_statenorth_carolinaprovisional_brokerprovisional_broker_status_and_activationreverse
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