Real Estate Licensing NCREC-Broker-N Practice Exam Questions & Answers
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· Last reviewed: September 20, 2026
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Exam Facts
Real Estate Licensing NCREC-Broker-N Exam Details
Key details for this exam, checked against the published exam outline
125
Practice Questions (Our Bank)
USD 63
Exam Fee (Pearson VUE examination fee)
- Exam Code
- NCREC-Broker-N
- Full Name
- North Carolina Real Estate Broker National
- Issuing Body
- North Carolina Real Estate Commission (NCREC)
- Question Format (Our Bank)
- Multiple Choice
- Duration
- 4 hours 30 minutes (2.5 hours national section, 2 hours state section)
- Passing Score
- 71% on national section and 72.5% on state section
- Delivery
- Computer-based at Pearson VUE test centres in North Carolina
- Validity
- Annual renewal required, expires June 30 if not renewed. Must complete 8 hours continuing education annually (4 hours mandatory update plus 4 hours elected).
Practice Questions
Free NCREC-Broker-N Practice Questions
Each question shows the correct answer and an explanation of why it is right
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Which situation would be an appropriate use of an expedited eviction process in North Carolina?
Correct Answer:
D
Explanation
Under NC General Statutes Chapter 42A (Vacation Rental Act), a landlord may employ the expedited eviction process (using magistrate and four-hour notice) when a tenant under a vacation rental agreement (30 days or fewer) breaches the contract---such as overstaying, failing to pay rent, or materially violating terms. A two-week vacation rental falls under this provision sog.unc.edufairhousingnc.org+14ncleg.gov+14nclamp.gov+14fairhousingnc.org. Option A is standard eviction, not expedited; B and C don't qualify under expedited procedures.
[Compliance with Laws and Regulations -- Government Rights in Land]
By what right could a county acquire private land necessary to build a new highway ramp?
Correct Answer:
B
Explanation
Eminent domain is the government's right to take private property for public use, with just compensation to the owner. The legal process used to exercise this right is called condemnation. Therefore, while condemnation is the procedure, the actual right exercised is eminent domain. Escheat involves reverting property to the state when there is no heir, and police power involves regulations like zoning. Correct answer: B.
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[Listing Price and Terms -- Settlement and Closing]
On a settlement statement, the seller's net proceeds are calculated by:
Correct Answer:
D
Explanation
The seller's net proceeds are the total credits due to the seller (such as the sale price) minus all debits (such as mortgage payoff, commissions, taxes, and other closing costs). Therefore, the formula is:
Net Proceeds = Seller's Credits Seller's Debits.
Correct answer: D.
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A loan is set up so that the borrower's loan payments are for the same amount each month. A portion of each payment goes to interest, and a portion goes to principal, and the loan balance will be zero at the end of the loan term. Which type of loan is this?
Correct Answer:
A
Explanation
A fully amortizing loan is one in which the borrower makes equal monthly payments over the loan term, with a portion of each payment applied to interest and the remainder to principal. By the end of the loan term, the entire balance is paid off. Therefore, the correct answer is A --- fully amortizing.
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Under the terms of the NCAR/NCBA Offer to Purchase and Contract (Standard Form 2-T), the settlement date can be delayed for how long before the contract is no longer enforceable and binding on all parties?
Correct Answer:
C
Explanation
According to Paragraph 12 of the NCAR/NCBA Offer to Purchase and Contract (Form 2-T), the settlement date may be extended by up to 7 calendar days if either party is acting in good faith and is prepared to settle. This flexibility ensures neither party is penalized for delays that are minor and in good faith, but it limits how long the contract can be extended before a material breach could occur. Therefore, the settlement date can be delayed up to 7 calendar days and still remain enforceable.
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Domain 1: Core Concepts
Covers basic principles of real estate including property ownership, forms of estates, and property rights. Evaluates understanding of contracts, agency duties, and the broker role in maintaining lawful and ethical agreements.
Sample question from this domain above:
Q1
Domain 2: Applied Knowledge
Emphasizes practical skills including financing and valuation methods, market analysis techniques, and understanding mortgage processes. Tests ability to apply real estate principles in actual market situations.
Domain 3: Legal Framework
Evaluates knowledge of North Carolina specific rules and statutes including license law, Real Estate Commission authority, and disciplinary procedures. Essential for understanding state-level regulatory compliance.
Sample questions from this domain above:
Q2Q3Q4
Domain 4: Practice and Procedures
Measures skills in day-to-day operations within North Carolina including contracts and closing processes, use of state-specific forms, and procedures for managing transactions. Focuses on practical broker workflows.
Sample question from this domain above:
Q5
FAQ
NCREC-Broker-N Exam FAQ
Common questions about the exam itself
How difficult is the NCREC Broker National exam compared to other states?
North Carolina's first-attempt pass rate runs roughly 60-70%. The distinctive Provisional Broker license structure and state-specific forms like the Working with Real Estate Agents disclosure catch candidates who relied only on national prep. Plan to spend significant study time on the state section if you haven't worked in NC before.
What background and education do I need before taking the NCREC Broker National exam?
You must complete a 75-hour NC Broker Prelicensing Course, be at least 18 years old, hold a high school diploma or equivalent, and be a U.S. citizen or qualified alien. You will also need to pass a criminal background check and submit to NCREC with a $105 application fee before you can schedule the exam.
Which objective area gives NCREC Broker National candidates the most trouble?
The Legal Framework and Practice and Procedures sections tend to trip up candidates because North Carolina has unique requirements like the Provisional Broker status and state-specific contract forms. You need to pass the state section at 72.5 percent separately from the national section, so you cannot score well on national topics alone.
How long should I spend preparing for the NCREC Broker National exam?
You will have already committed 75 hours to the required prelicensing course. Most candidates spend 2 to 4 weeks of focused study beyond that on practice questions and review, especially targeting the state-specific material which differs sharply from national content.
What happens on exam day for the NCREC Broker National?
You will sit at a Pearson VUE test centre in North Carolina at a computer. The national section gives you 2.5 hours for 80 questions, and the state section gives you 2 hours for 40 questions. You receive your score immediately after finishing. The exam is closed-book with multiple-choice questions only.
Can I retake just the section I failed on the NCREC Broker National exam?
Yes. If you pass one section and fail the other, you only retake the failed section. However, your eligibility to sit the exam only lasts 180 days from the date NCREC approves your application. If you do not pass within that window, you must reapply and pay the application fee again.
How long does my NCREC Broker National license stay valid?
Your initial license is granted on provisional status and expires June 30 of each year unless renewed. To stay active, you must complete 8 hours of continuing education every year, split as 4 hours mandatory update plus 4 hours of electives. NC is one of the few states requiring annual renewal rather than biennial renewal.
What job role does the NCREC Broker National exam lead to?
Passing the exam qualifies you to work as a Provisional Broker in North Carolina. You must then affiliate with a Broker-in-Charge at a licensed real estate firm to activate your license. Within 18 months, you must complete 90 hours of post-licensing education in three courses to move toward full broker status.
How does the NCREC Broker National exam relate to other NC real estate licenses?
North Carolina is a broker-only license state, so there is just one exam for entry into real estate. Everyone starts as a Provisional Broker with mandatory post-licensing requirements. There are no separate salesperson or agent licenses. Brokers-in-Charge are simply brokers who supervise other brokers.
What is the total cost to get licensed after passing the NCREC Broker National exam?
The Pearson VUE exam fee is $63. The NCREC application fee is $105. Add roughly $300 to $600 for the 75-hour prelicensing course and about $40 for the criminal background check. Total cost typically runs $500 to $800 before you factor in continuing education requirements.
