Blog

Matthew Kelly Matthew Kelly

0 Course Enrolled • 0 Course Completed

Biography

Reliable NCREC-Broker-N Braindumps Sheet & Braindumps NCREC-Broker-N Torrent

Subjects are required to enrich their learner profiles by regularly making plans and setting goals according to their own situation, monitoring and evaluating your study. Because it can help you prepare for the NCREC-Broker-N exam. If you want to succeed in your exam and get the related exam, you have to set a suitable study program. If you decide to buy the NCREC-Broker-N reference materials from our company, we will have special people to advise and support you. Our staff will also help you to devise a study plan to achieve your goal. We believe that if you purchase NCREC-Broker-N Test Guide from our company and take it seriously into consideration, you will gain a suitable study plan to help you to pass your exam in the shortest time.

North Carolina Real Estate Commission certifications have strong authority in this field and are recognized by all companies in most of companies in the whole world. NCREC-Broker-N new test camp questions are the best choice for candidates who are determined to clear exam urgently. If you purchase our NCREC-Broker-N New Test Camp questions to pass this exam, you will make a major step forward for relative certification. Also you can use our products pass the other exams.

>> Reliable NCREC-Broker-N Braindumps Sheet <<

2025 Unparalleled North Carolina Real Estate Commission Reliable NCREC-Broker-N Braindumps Sheet Pass Guaranteed Quiz

It is similar to the NC Real Estate Broker National (NCREC-Broker-N) desktop-based exam simulation software, but it requires an active internet. No extra plugins or software installations are required to take the NC Real Estate Broker National (NCREC-Broker-N) web-based practice test. Every browser such as Chrome, Mozilla Firefox, MS Edge, Internet Explorer, Safari, and Opera supports this format of NCREC-Broker-N mock exam.

North Carolina Real Estate Commission NC Real Estate Broker National Sample Questions (Q110-Q115):

NEW QUESTION # 110
A property owner gave a five-acre parcel of land to a church as long as the church does not build a parking lot on it. What kind of estate does the church have for this property?

A. Defeasible fee estate
B. Life estate pur autre vie
C. Conventional life estate
D. Fee simple absolute

Answer: A

Explanation:
A defeasible fee estate (specifically, a fee simple determinable or fee simple subject to a condition subsequent) is one that may be voided if a specific condition is violated or a required event does not occur. In this case, the condition is that the church cannot build a parking lot. If it does, ownership may revert to the grantor. Therefore, the correct answer is B.
-

NEW QUESTION # 111
A North Carolina broker with RealtyOne is working for a buyer client to find a home. They find a home listed with RealtyTwo and submit an offer on Wednesday afternoon. The listing agent presents the offer to the seller on Thursday. The seller signs the offer with no changes and returns it to the listing agent on Thursday evening. Friday morning, the listing agent calls the RealtyOne broker and states the seller has signed and accepted the buyer's offer. The RealtyOne broker receives the signed documents on Saturday. On Sunday morning, the RealtyOne broker meets with their buyer client, informs them of the acceptance, and delivers the signed documents to them. When did the parties form a valid and binding contract?

A. Thursday evening when the seller informed the listing agent of their acceptance
B. Thursday when the seller signed the contract
C. Friday morning when the acceptance was communicated to the RealtyOne broker
D. Sunday when the buyer was informed of the acceptance and received the signed documents

Answer: C

Explanation:
Under North Carolina contract law, a real estate contract becomes binding at the moment the final acceptance is communicated to the offering party (or their agent). In this case, that happened on Friday morning when the listing agent communicated the seller's acceptance to the buyer's broker. Delivery of the documents is not required for formation of the contract; communication is sufficient.

NEW QUESTION # 112
After a purchase agreement has been signed, but before the transaction closes, the buyer attempts to have the contract voided. The buyer was able to prove that, because of a mental disorder, they were incompetent at the time the contract was signed although later went on medication. Is the contract still valid?

A. Yes, because mental illness does not factor into questions of contractual capacity.
B. Yes, because the contract is still executory.
C. No, because the temporary incapacity allows them to void the contract.
D. No, because buyers are entitled to rescind contracts before closing.

Answer: C

Explanation:
For a contract to be valid and enforceable, all parties must have legal capacity at the time of signing. If the buyer can prove they were legally incompetent due to mental illness at the time of execution, they may have the right to void the contract-even if they later regained competence. Temporary or situational incompetence at the time of contract formation is legally sufficient to make the contract voidable. Therefore, the correct answer is D.
-

NEW QUESTION # 113
A buyer bought a house on an installment land contract, also called a contract for deed. Which statement about this transaction is TRUE?

A. The buyer is financing only the purchase of the land, not the house.
B. The buyer will receive legal title to the property immediately.
C. The buyer holds equitable title to the property.
D. The buyer cannot live at the property until the seller is paid the full sales price.

Answer: C

Explanation:
In an installment land contract (contract for deed), the buyer receives equitable title upon signing and possession of the property. Legal title remains with the seller until the full purchase price is paid or the contract conditions are met. The buyer typically takes possession and lives in the property during the installment period. This is a form of seller financing covering both land and improvements. Therefore, the correct answer is B.

NEW QUESTION # 114
Under the provisions of the federal Truth in Lending Act (TILA) and Real Estate Settlement Procedures Act (RESPA), a lender must provide a borrower with the Closing Disclosure at least _________ prior to loan consummation.

A. 7 calendar days
B. 3 business days
C. 1 business day
D. 3 calendar days

Answer: B

Explanation:
TILA-RESPA Integrated Disclosure rules (TRID) require that theClosing Disclosurebe delivered to the consumerno later than 3 business days before consummationof the loan. This mandates a three-business- day review period for borrowers before finalizing the loan-makingoption Bcorrect.

NEW QUESTION # 115
......

It Contains a pool of real North Carolina Real Estate Commission NCREC-Broker-N exam questions. This NC Real Estate Broker National (NCREC-Broker-N) practice test is compatible with every windows-based system. One downloaded does not require an active internet connection to operate. You can self-evaluate your mistakes after each NCREC-Broker-N Practice Exam attempt and work on the weak points that require more attention.

Braindumps NCREC-Broker-N Torrent: https://www.vce4dumps.com/NCREC-Broker-N-valid-torrent.html

In contrast to most exam preparation materials available online, our NCREC-Broker-N exam materials of VCE4Dumps can be obtained at a reasonable price so that each candidate who prepares to take the NCREC-Broker-N exam can afford it, To assist applicants preparing for the NC Real Estate Broker National (NCREC-Broker-N) real certification exam effectively, VCE4Dumps offers North Carolina Real Estate Commission NCREC-Broker-N desktop practice test software and a web-based practice exam besides actual PDF NCREC-Broker-N exam questions, When it comes about your bright future with career VCE4Dumps takes it really serious as you do and for any valid reason that our provided North Carolina Real Estate Commission NCREC-Broker-N exam dumps haven't been helpful to you as, what we promise, you got full option to feel free claiming for refund.

In this same utility fashion, Grid Computing NCREC-Broker-N Reliable Test Guide openly seeks and is capable of adding an infinite number of computing devices intoany grid environment, adding to the computing Braindumps NCREC-Broker-N Torrent capability and problem resolution tasks within the operational grid environment.

Pass the North Carolina Real Estate Commission NCREC-Broker-N Certification Exam with Flying Hues

C.s rules looking for the rule about flag arguments, In contrast to most exam preparation materials available online, our NCREC-Broker-N Exam Materials of VCE4Dumps can be obtained at a reasonable price so that each candidate who prepares to take the NCREC-Broker-N exam can afford it.

To assist applicants preparing for the NC Real Estate Broker National (NCREC-Broker-N) real certification exam effectively, VCE4Dumps offers North Carolina Real Estate Commission NCREC-Broker-N desktop practice test software and a web-based practice exam besides actual PDF NCREC-Broker-N exam questions.

When it comes about your bright future with career Reliable NCREC-Broker-N Braindumps Sheet VCE4Dumps takes it really serious as you do and for any valid reason that our provided North Carolina Real Estate Commission NCREC-Broker-N exam dumps haven't been helpful to you as, what we promise, you got full option to feel free claiming for refund.

Once the order finishes, your personal identification information NCREC-Broker-N will be concealed, Hesitation appears often because of a huge buildup of difficult test questions?

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Matthew Kelly Matthew Kelly

Biography

COOKIE NOTICE