200+ Free NC Real Estate Practice Questions
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Key Facts: NC Real Estate Exam
120 Q
Exam Length
PSI NC broker candidate bulletin
80 + 40
National + State Split
PSI NC broker candidate bulletin
71% / 72.5%
Passing Scores (Natl/State)
NCREC exam guidelines
75 hrs
Prelicensing Education
NCREC licensing requirements
$64
PSI Exam Fee
PSI NC broker fee schedule
8 hrs/yr
Annual CE Requirement
NCREC CE guidelines
North Carolina is a 'broker only' state with no salesperson license. All applicants must complete a 75-hour prelicensing course, pass the PSI exam (80 national + 40 state questions), and work as a provisional broker under a Broker-in-Charge (BIC) for the first 3 years. The national section requires 71% to pass and the state section requires 72.5%. NC uses a unique due diligence fee/period contract structure and requires attorney-conducted closings.
About the NC Real Estate Exam
The North Carolina broker exam covers national real estate fundamentals plus NC-specific license law, including NCREC rules, the Working With Real Estate Agents brochure, designated agency, due diligence contracts, attorney-conducted closings, and trust account guidelines.
Questions
120 scored questions
Time Limit
4 hours total
Passing Score
71% national, 72.5% state
Exam Fee
$64 (NCREC / PSI)
NC Real Estate Exam Content Outline
NCREC Licensing & Education
Broker licensing path, 75-hour prelicensing, provisional broker status, BIC requirements, and postlicensing education
NC Agency & Brokerage
Working With Real Estate Agents brochure, designated agency, dual agency consent, first substantive contact disclosure
NC Contracts & Closing
Offer to Purchase (Form 2-T), due diligence fee/period, attorney closings, deed of trust, excise tax ($1/$500)
NC Taxes, Landlord/Tenant & Fair Housing
Property tax assessments, security deposit limits, NC Residential Rental Agreements Act, fair housing compliance
How to Pass the NC Real Estate Exam
What You Need to Know
- Passing score: 71% national, 72.5% state
- Exam length: 120 questions
- Time limit: 4 hours total
- Exam fee: $64
Keys to Passing
- Complete 500+ practice questions
- Score 80%+ consistently before scheduling
- Focus on highest-weighted sections
- Use our AI tutor for tough concepts
NC Real Estate Study Tips from Top Performers
Frequently Asked Questions
How many questions are on the North Carolina broker exam?
The NC exam has 120 total questions: 80 national and 40 state-specific. PSI administers both sections. You must pass each section independently ā 71% on the national portion and 72.5% on the state portion.
What does 'broker only' state mean for North Carolina?
North Carolina eliminated the salesperson license category. All licensees are called 'brokers.' New licensees start as provisional brokers who must work under a Broker-in-Charge (BIC) and complete 90 hours of postlicensing education within 18 months.
What is the NC due diligence fee and period?
NC contracts use a unique due diligence structure. The buyer pays a non-refundable due diligence fee directly to the seller at contract execution. During the due diligence period, the buyer can terminate for any reason but loses the fee. Earnest money is separate and refundable during due diligence.
Does North Carolina require attorney closings?
Yes. North Carolina requires a licensed attorney to conduct real estate closings. The closing attorney holds escrow funds, prepares the deed, and ensures proper transfer of title.
What are NC continuing education requirements?
NC brokers must complete 8 hours of CE annually: 4 hours of the NCREC Update course (mandatory) plus 4 hours of elective CE. The license renewal period runs from July 1 to June 30.