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Practice Of Real EstateLicense LawMEDIUM

A closing-file reviewer in Huntersville is preparing an exam-prep note on provisional broker status and activation. Which statement best applies under current North Carolina law?

Correct Answer

B) To regain or obtain active status, a provisional broker must be properly affiliated and supervised rather than practicing alone.

To regain or obtain active status, a provisional broker must be properly affiliated and supervised rather than practicing alone.

Answer Options
A
An active provisional broker can stay active after the supervising BIC departs without any new affiliation.
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 self-supervise by opening a sole proprietorship immediately after licensure.
D
A provisional broker needs only to renew the license, not affiliate with a BIC, to lawfully practice.

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Related Topics & Key Terms

Key Terms:

activationaffiliationbic_supervisiondifficulty_3nc_license_lawnc_statenorth_carolinaprovisional_broker_status_and_activationtiming_forms_exceptions_and_authority
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