North Carolina real estate licensees are regulated by the:
Question & Answer
Review the question and all answer choices
North Carolina Real Estate Board
While North Carolina does have a Real Estate Board, it is not the regulatory body for licensees. The Board primarily serves in an advisory capacity and handles administrative functions. The actual regulatory authority rests with the North Carolina Real Estate Commission (NCREC), which handles licensing, disciplinary actions, and enforcement of real estate laws.
North Carolina Real Estate Commission (NCREC)
North Carolina Department of Commerce
The North Carolina Association of REALTORS is a voluntary professional organization that advocates for real estate professionals but does not have regulatory authority over licensees.
North Carolina Association of REALTORS
The North Carolina Real Estate Board is not the official name of the regulatory body in North Carolina; the correct title is North Carolina Real Estate Commission (NCREC).
Why is this correct?
The North Carolina Real Estate Commission (NCREC) is specifically designated by state law to regulate real estate licensees. This commission establishes licensing requirements, enforces ethical standards, and admin disciplinary actions, making it the correct regulatory body for North Carolina real estate professionals.
Continue Learning
Explore this topic in different formats
More Agency Law Videos
Continue learning with related video lessons
Ohio's continuing education requirement for license renewal is:
2:14 • 0 views
Ohio real estate licensees are regulated by the:
2:51 • 0 views
A seller's agent in Texas owes which duty to buyers?
2:47 • 0 views
South Dakota requires how many hours of pre-license education?
3:19 • 0 views
Which Illinois agency fiduciary duty survives beyond the end of an agency relationship?
2:17 • 0 views
Ready to Ace Your Real Estate Exam?
Access 2,000+ free video lessons covering all 11 exam topics.