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Practice Of Real EstateLicense LawHARD

An exam-prep coach in Mooresville is sorting out a file issue involving BIC eligibility, designation, and supervision. Which statement best applies under current North Carolina law?

Correct Answer

C) BIC Eligible status generally requires an active North Carolina broker license that is not provisional.

BIC Eligible status generally requires an active North Carolina broker license that is not provisional.

Answer Options
A
A provisional broker may request BIC Eligible status after passing the exam.
B
A broker with an expired license may apply for BIC Eligible status before reinstatement.
C
BIC Eligible status generally requires an active North Carolina broker license that is not provisional.
D
An inactive broker can be designated BIC first and activate later.

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Related Topics & Key Terms

Key Terms:

active_nonprovisionalbic_eligibility_designation_and_supervisionbic_eligibledifficulty_4nc_license_lawnc_statenorth_carolinastatustiming_forms_exceptions_and_authority
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