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Practice Of Real EstateLicense LawHARD

A buyer representative in North Carolina is reviewing provisional broker status and activation. Which statement is NOT accurate under current North Carolina law?

Correct Answer

B) A provisional broker may accept side deals outside the affiliated office because the license itself is active.

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

Answer Options
A
Completing all required Postlicensing education is what removes provisional status, not merely passing time or renewing the license.
B
A provisional broker may accept side deals outside the affiliated office because the license itself is active.
C
A newly licensed North Carolina broker begins on provisional status until the required Postlicensing education is completed.
D
A provisional broker may have active status only while affiliated with and supervised by a broker-in-charge.

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Related Topics & Key Terms

Key Terms:

active_statuscore_rules_and_definitionsdifficulty_5initial_statusnc_license_lawnc_statenorth_carolinapostlicensingprovisional_brokerprovisional_broker_status_and_activationreverse
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