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Real Estate Salesperson Exam — National Portion

Broker-in-charge (NC): practice questions

Our Real Estate (National) bank has 4 questions on this topic. Here are 4 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · North Carolina

Within what time of taking charge of a trust account must a North Carolina BIC complete the Basic Trust Account Procedures Course?

  1. 30 days
  2. 60 days
  3. 120 days
  4. One year
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C. 120 days — 21 NCAC 58A .0110(g)(9).

Question 2 · North Carolina

What brokerage experience does North Carolina require for BIC Eligible status?

  1. Six months in the last year
  2. Two years full-time within the last five
  3. Five years in the last ten
  4. None
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B. Two years full-time within the last five — 21 NCAC 58A .0110(e); the 12-hour BIC Course is also required.

Question 3 · North Carolina

Within how many days must a North Carolina BIC tell the Commission they no longer serve an office?

  1. 3 days
  2. 10 days
  3. 30 days
  4. At renewal
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B. 10 days — 21 NCAC 58A .0110(g)(8).

Question 4 · North Carolina

How many brokers-in-charge may one North Carolina office have?

  1. Exactly one
  2. Up to two
  3. Up to three
  4. One per ten agents
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A. Exactly one — 21 NCAC 58A .0110(a).

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