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Practice Of Real EstateLicense LawMEDIUM

A Fayetteville broker is sorting out a file issue involving prelicensing, Postlicensing, and the 18-month deadline. Which statement best applies under current North Carolina law?

Correct Answer

A) North Carolina Postlicensing consists of 90 hours, typically delivered as three 30-hour courses.

North Carolina Postlicensing consists of 90 hours, typically delivered as three 30-hour courses.

Answer Options
A
North Carolina Postlicensing consists of 90 hours, typically delivered as three 30-hour courses.
B
Postlicensing is 45 hours completed once at first renewal.
C
Postlicensing is a single 12-hour course for all brokers.
D
Postlicensing requires only annual CE electives.

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Related Topics & Key Terms

Key Terms:

90_hour_postlicensecore_rules_and_definitionsdifficulty_3educationnc_license_lawnc_statenorth_carolinaprelicense_and_postlicense_18_month_rulethree_courses

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Price fixing is an illegal antitrust practice in which competing real estate brokerages agree to charge the same commission rates, fees, or other pricing for their services. It is a per se violation of the Sherman Antitrust Act.

Florida brokers are required to maintain transaction records and escrow records for a minimum of five years.

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