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Practice Of Real EstateLicense LawMEDIUM

A compliance reviewer in Greenville is checking a study outline on provisional broker status and activation. Which statement is NOT accurate under current North Carolina law?

Correct Answer

B) An active provisional broker can stay active after the supervising BIC departs without any new affiliation.

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
An active provisional broker can stay active after the supervising BIC departs without any new affiliation.
C
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.
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:

activationactive_statusaffiliationdifficulty_3nc_license_lawnc_statenorth_carolinapostlicensingprovisional_broker_status_and_activationreversetiming_forms_exceptions_and_authority
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