NC State Exam Prep

NC State Exam Prep


Description
This course covers all of the content that will be tested on the state portion of the NC real estate licensing exam. There are 23 video lessons plus hundreds of practice questions.

Students will have an opportunities to practice state exam questions with the teacher and then on their own (with feedback, of course, about the answers.)

Students have 60 days to take this course and upon request can receive extended access.

Specifically, the NCREC requires that you know about these topics:

Requirement for Real Estate License
License Categories and Status
Broker-in-Charge
North Carolina Real Estate Commission
License Administrative / Maintenance Requirements
Agency Disclosure
Dual and Designated Agency
Selected Regulated Practices
Handling & Accounting for Funds
Brokerage Fees and Compensation
Prohibited Practices
Agency Contracts and Practices
Time Shares
Property Taxation
Sales Contracts and Practices
NCAR Standard Form 2-T
Closing Procedures
Laws Governing Residential Tenancies
Residential Square Footage Guidelines
Miscellaneous NC Laws and Legal Concepts
General Real Estate Topics
Basic House Construction
Federal Income Taxation of Home
Ownership / Sale
Residential Loan Qualification Calculations
Comparative Market Analysis (CMA) Calculations

Name of elective cou...: NC State Exam Prep

Content
  • Section 1 INTRODUCTION AND HOUSEKEEPING
  • A.1 Introduction to the course
  • A.2 Video: How to navigate this course
  • 1.3 Your instructor Debbie Long
  • NC Real Estate Law and Commission Rules (24 questions total)
  • Topics for this section: NC Real Estate Law and Commission Rules, Part A
  • Requirements for licensure (2 Questions)
  • 1.1 Requirements for licensure
  • 1.2 Quiz on requirements for a license
  • License Statuses (1 question)
  • 2.1 License statuses
  • 2.2 Quiz on license status
  • Broker-in-Charge Responsibilities (1 question)
  • 3.1 Broker in Charge responsibilities
  • 3.2 Quiz on BIC responsibilities
  • The NCREC (1 question)
  • 4.1 The NCREC
  • 4.2 Quiz on the NCREC
  • License Administrative / Maintenance Requirements (2 questions)
  • 5.1 License maintenance
  • 5.2 Quiz on license maintenance
  • NC Real Estate Law and Commission Rules, Part B
  • Topics for this section : Agency Practices
  • Agency disclosure (2 questions)
  • 6.1 Agency disclosure
  • 6.2 Quiz on agency disclosure
  • Agency Contracts and Practices (3 questions)
  • 7.1 Agency contracts
  • 7.2 Quiz on Agency contracts and practices
  • Dual and Designated Agency (3 questions)
  • 8.1 Dual and designated agency
  • 8.2 Dual and designated dual agency
  • Selected regulated practices, Part C (3 questions)
  • Topics for this section: trust accounts, and brokerage fees
  • 9.1 Selected regulatory practices
  • 9.2 Quiz on selected regulated practices
  • Handing Trust/Escrow Funds (1 question)
  • 10.1 Handling trust/escrow accounts
  • 10.2 Quiz on handling trust/escrow funds
  • Brokerage fees and compensation (1 question)
  • 11.1 Brokerage fees and compensation
  • 11.2 Quiz on brokerage fees and compensation
  • PROHIBITED Practices (3 questions)
  • 12.1 Prohibited practices
  • 12.2 Quiz on prohibited practices
  • TIME SHARES: 1 question
  • 13.1 Time shares
  • 13.2 Time shares
  • Other NC Laws and Practices (11 questions total)
  • Topics for this section: Other NC laws and practices
  • PROPERTY TAXES (1 question)
  • 14.1 Property taxes
  • 14.2 Property taxes
  • SALES CONTRACTS AND PRACTICES (2 questions)
  • 15.1 Sales contracts
  • 15.2 Sales contracts and practices
  • closing procedures (1 question)
  • 16.1 Closing procedures
  • 16.2 Closing procedures
  • laws governing residential tenancy (2 questions)
  • 17.1 Laws governing residential tenancies
  • 17.2 Quiz on laws governing residential tenancies
  • residential square footage guidelines (1 question)
  • 18.1 Residential square footage guidelines
  • 18.2 Quiz on residential Square footage quidelines
  • Miscellaneous NC Laws and Legal Concepts (3 Questions)
  • 19.1. Miscellaneous laws and concepts
  • 19.2 Quiz on miscellaneous laws and concepts
  • GENERAL REAL ESTATE TOPICS (5 questions)
  • Topics for this section: General real estate topics
  • Basic House Construction (2 Questions)
  • 20.1 Construction
  • 20.2 Quiz on construction
  • Federal Income Taxation of Home Ownership/Sale (1 Question)
  • 21.1 Federal income tax
  • 21.2 Quiz on federal income tax
  • Residential Loan Qualification Calculations (1 Question)
  • 22.1 Loan qualifying
  • 22.2 Quiz on loan qualifying ratios
  • Comparative Market Analysis Calculation 1 question
  • 23.1 CMA calculation
  • 23.2 Quiz on CMA calculations
  • Test taking tips
  • 23.1 Test taking tips
  • 23.2 Bonus materials
  • 23.3 End-of-course survey
Completion rules
  • All units must be completed
  • Leads to a certification with a duration: Forever