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Practice Of Real EstateLicense LawMEDIUM

An exam-prep coach in Fayetteville is preparing an exam-prep note on provisional broker status and activation. Which statement best applies under current North Carolina law?

Correct Answer

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.

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.

Answer Options
A
A provisional broker keeps active status during any gap between affiliations.
B
A provisional broker may affiliate with multiple unrelated BICs at the same time for ordinary practice.
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 accept side deals outside the affiliated office because the license itself is active.

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Related Topics & Key Terms

Key Terms:

active_statuschange_firmsdifficulty_3dual_affiliationnc_license_lawnc_statenorth_carolinaprovisional_broker_status_and_activationtiming_forms_exceptions_and_authority
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