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Practice Of Real EstateLicense LawHARD

Which term, form, or authority concept matches this description for prelicensing, Postlicensing, and the 18-month deadline? Choose from the options using this description. Description: The North Carolina yearly education obligation that begins upon the second renewal following initial licensure.

Correct Answer

A) Continuing education

Continuing education

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

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Related Topics & Key Terms

Key Terms:

continuing_educationdefinitiondifficulty_5nc_license_lawnc_statenorth_carolinaprelicense_and_postlicense_18_month_rulescenario_traps_edge_cases_and_enforcement

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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