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Which term or document is being described in this North Carolina item on prelicensing, Postlicensing, and the 18-month deadline? Here is the description. Description: The North Carolina yearly education obligation that begins upon the second renewal following initial licensure.

Correct Answer

C) Continuing education

Continuing education

Answer Options
A
Trust account audit
B
Broker reciprocity review
C
Continuing education
D
Postlicensing education

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Related Topics & Key Terms

Key Terms:

continuing_educationdefinitiondifficulty_2nc_license_lawnc_statenorth_carolinaprelicense_and_postlicense_18_month_ruletiming_forms_exceptions_and_authority

Related Concepts

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

A tie-in arrangement is an illegal antitrust practice in which a seller conditions the purchase of one product or service on the buyer's agreement to purchase a separate product or service.

A trust account, also called an escrow account, is a separate bank account maintained by a broker to hold funds belonging to others, such as earnest money deposits, security deposits, or other client funds.

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