EstatePass
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

Why This Is the Correct Answer

Sign up free to unlock full analysis

Why the Other Options Are Wrong

Sign up free to unlock full analysis

Deep Analysis of This Practice Of Real Estate Question

Sign up free to unlock full analysis

Background Knowledge for Practice Of Real Estate

Sign up free to unlock full analysis
Sign up free to unlock full analysis

Real World Application in Practice Of Real Estate

Sign up free to unlock full analysis

Common Mistakes to Avoid on Practice Of Real Estate Questions

Sign up free to unlock full analysis

Related Topics & Key Terms

Key Terms:

bicupdifficulty_3general_updatenc_license_lawnc_statenorth_carolinaprelicense_and_postlicense_18_month_rulerenewalscenario_traps_edge_cases_and_enforcement

Related Concepts

Continuing education (CE) refers to the ongoing coursework that licensed real estate professionals must complete during each renewal cycle to maintain an active license. CE ensures agents stay current with changes in laws, regulations, and industry practices.

The National Do Not Call Registry is a federal program administered by the FTC that allows consumers to opt out of receiving unsolicited telemarketing calls, including calls from real estate agents soliciting business.

Brokers in Florida have strict responsibilities for managing escrow accounts, including monthly reconciliation and proper handling of trust funds.

Was this explanation helpful?

More Practice Of Real Estate Questions

People Also Study

Related Articles

Practice More Questions

Access 2,000+ practice questions and pass your real estate exam.

Start Practicing