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Practice Of Real EstateLicense LawMEDIUM

A closing-file reviewer in Concord is answering a client question about prelicensing, Postlicensing, and the 18-month deadline. Which statement best applies under current North Carolina law?

Correct Answer

A) Provisional brokers and brokers without BIC Eligible status take the General Update plus one elective; BICs and BIC Eligible brokers take BICUP plus one elective.

Provisional brokers and brokers without BIC Eligible status take the General Update plus one elective; BICs and BIC Eligible brokers take BICUP plus one elective.

Answer Options
A
Provisional brokers and brokers without BIC Eligible status take the General Update plus one elective; BICs and BIC Eligible brokers take BICUP plus one elective.
B
BIC Eligible brokers keep that status even if they take General Update instead of BICUP.
C
Only provisional brokers must take an Update course under current North Carolina rules
D
All brokers may take any two electives and skip the Update course under current North Carolina rules

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Related Topics & Key Terms

Key Terms:

bicupdifficulty_3general_updatenc_license_lawnc_statenorth_carolinaprelicense_and_postlicense_18_month_rulerenewalscenario_traps_edge_cases_and_enforcement
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