Exam Prep

NC State Exam Prep 2024/25


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 90 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

Course Number: Exam Prep 101 Name of elective cou...: NC State Real Estate Exam Prep Course (2...

Content
  • INTRODUCTION AND HOUSEKEEPING
  • I. Introduction to Licensing Exam Prep Courses
  • II. Video: How to navigate this course
  • III. Your instructor Debbie Long
  • IV. thank you!
  • V. What's on the test?
  • VI. Why do I keep failing the licensing exam?
  • TOPIC 1: LICENSURE (3 questions)
  • 1. Licensure Topics
  • 1a. LICENSURE: Requirements
  • 1A.1 Requirements for licensure
  • 1A.2 Quiz on requirements for a license
  • 1B. LICENSURE: Categories and Statuses
  • 1B.1 License Category and Status
  • 1B.2 Quiz on license status
  • 1C. liceNsure: The NCREC
  • 1C.1 The NCREC
  • 1C.2 Quiz on the NCREC
  • 1d. LICENSURE: License Administrative / Maintenance
  • 1D.1 License Administrative/Maintenance Requirements
  • 1D.1a Current pocket card
  • 1D.2 Quiz on license maintenance
  • TOPIC 2: SUPERVISION/COMPENSATION (4 questions)
  • 2. Topics for this section: Supervision/Compensation (4 Questions)
  • A special note about compensation issues
  • 2A. supervision: Broker-in-Charge Responsibilities
  • 2A.1 Broker-in-Charge responsibilities
  • 2A.2 Quiz on BIC responsibilities
  • 2b. SUPERVISION/COMPENSATION: Brokerage fees and compensation
  • 2B.1 Brokerage fees and compensation
  • 2B.2 Quiz on brokerage fees and compensation
  • TOPIC 3: BROKERAGE PRACTICE (12 questions)
  • Topics for this section: Brokerage Practice (12 Questions)
  • 3A. supervision: Handing Trust/Escrow Funds
  • 3A.1 Handling trust/escrow accounts
  • 3A.2 Quiz on handling trust/escrow funds
  • 3B. Regulatory Practices
  • 3B.1 Selected regulated practices
  • 3B.2 Quiz on selected regulated practices
  • 3C. residential square footage guidelines
  • 3C.1 Residential square footage guidelines
  • 3C.2 Quiz on residential Square footage quidelines
  • 3D. PROHIBITED Practices
  • 3D.1 Prohibited practices
  • 3D.2 Quiz on prohibited practices
  • TOPIC 4: AGENCY (16 questions)
  • 4. Topics for this section: Agency (16 Questions)
  • A special note about compensation issues
  • 4A. Agency: Concepts and Relationships
  • 4A.1 Basic Agency Concepts
  • 4A.2 Agency Relationships
  • 4A.3 Quiz on Dual and designated dual agency
  • 4B. Agency: Disclosure
  • 4B.1 Agency Disclosure
  • 4B.2 Quiz on agency disclosure
  • 4C. Agency: Contracts and Practices
  • 4C.1 Agency contracts
  • 4C.2 Quiz on Agency contracts and practices
  • TOPIC 5: TAXES/INSUrANCE (4 questions)
  • 5. Topics for this section: Taxes and Insurance (4 Questions)
  • 5A. Federal Taxes
  • 5A.1 Federal income tax
  • 5A.2 Quiz on federal income tax
  • 5B. State Taxes
  • 5B.1 State property taxes
  • 5B.2 .Quiz on state property taxes
  • 5C. Insurance
  • 5C.1 Property Insurance Basics
  • 5C2: Quiz on Insurance Basics
  • TOPIC 6: CONTRACTS and CLOSING (7 questions)
  • 6. Topics: Contracts and Closings
  • SALES CONTRACTS
  • A note on forms
  • 6A.1 Sales contracts
  • 6A.2 Sales contracts and practices
  • 6B. closings: closing procedures
  • 6B.1 Closing procedures
  • 6B.2 Closing procedures
  • TOPIC 7: landlord/tenant (3 questions)
  • 7. Topics for this section: Landlord/Tenant (3 Questions)
  • 7.A1 Laws governing residential tenancies
  • 7A.2 Quiz on laws governing residential tenancies
  • 7B.1 Property Management
  • 7B.2 Quiz on laws governing residential tenancies (clone)
  • TOPIC 8: Other NC laws (11 questions)
  • 8. Topic for this Section: Other NC Laws (11 Questions)
  • 8A.1. Miscellaneous laws and concepts
  • 8A.2 Quiz on miscellaneous laws and concepts
  • 8B.1 Time shares
  • 8B.2 Time shares
  • 8C.1 Construction
  • 8C.2 Quiz on construction
  • VI. Test taking tips
  • VI.1 Bonus materials
  • V1.2 Test-Taking Tips
  • VI.3 End-of-course survey
  • VI.4 Just click the complete button
Completion rules
  • All units must be completed