Regular Free Updates NCREC-Broker-N Dumps Real Exam Questions Test Engine Jan 27, 2026 [Q71-Q87]

Q71. After taking a listing on a property, a broker learns of major highway changes in the area. The broker should disclose this information:

Q72. In North Carolina, which lien has the highest priority when property is sold to recover a debt?

Q73. A listing broker receives a signed offer from a buyer. Although the broker must present the offer to the seller as soon as possible, under the North Carolina Real Estate Commission Rules, the broker must present the offer:

Q74. According to the North Carolina Good Funds Settlement Act, when can a broker expect to receive their commission following completion of a real estate transaction?

Q75. The monthly rent for each unit in a six-unit office building is $2,500. The annual vacancy rate averages 4%.
The owner collects $3,000 per year in advertising fees. Annual operating expenses are $40,000. The annual debt service is $25,000. What is the net operating income of this property?

Q76. A real estate broker has assisted an investor with the purchase of a number of commercial properties. The investor will be out of the country for part of the year and asks the broker to manage all aspects of those properties during that time, including advertising and leasing. The real estate broker will be considered a(n):

Q77. A property is selling for $690,000, and the seller’s estimated closing expenses amount to $8,000. If the seller originally purchased the property for $410,000 and paid $3,000 in closing expenses, what is the seller’s estimated profit on the sale?

Q78. A buyer bought a house on an installment land contract, also called a contract for deed. Which statement about this transaction is TRUE?

Q79. What is the primary purpose of the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA)?

Q80. A buyer signs a contract to purchase a 10-year-old unit in a condominium community. Under the provisions of the North Carolina Condominium Act, how many days does the buyer have to rescind the contract?

Q81. A lease with a simple exchange of rent for occupancy, under which the tenant pays none of the costs of ownership, is known as a(n):

Q82. In the government survey system of legal description, the north-south lines and east-west lines intersect to create what?

Q83. What duty does a North Carolina real estate broker have related to material facts?

Q84. An investor bought a small office building for $500,000. They sold it 10 years later for $480,000. What is their percentage of loss?

Q85. What is the EPA’s recommended action level for radon in the air, measured in picocuries per liter (pCi/L)?

Q86. Which situation would be an appropriate use of an expedited eviction process in North Carolina?

Q87. Friends Jack, Jill, and Harold bought a warehouse property in North Carolina, and the deed simply stated, “as joint tenants.” Assuming Harold had a will when he died, who got his share of the warehouse?