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How long is the licensing exam? The exam is 4 hours & includes 120 questions, of which 80 are National and 40 are State-based questions.
All North Carolina real estate licenses expire on June 30 of each year. To maintain a \u201cCurrent\u201d license, a licensee must pay the license renewal fee between May 15 and June 30. Following is an overview of the reinstatement process and requirements as of July 1, 2017.
As long as you pay your renewal fee on time every year, your license can remain on Inactive status indefinitely. How do I get a license history or certificate of licensure from the NC Real Estate Commission?
What is an appraisal contingency addendum? An addendum is a separate form that, once signed by the buyer and seller, becomes part of the sales contract. Appraisal contingency addendums are state-specific and allow buyers to move forward with their purchase under certain agreed-upon conditions.
The average salary for a realtor is $96,392 per year in North Carolina.
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People also ask

Most purchase agreements in real estate are contingent on two items - The home inspection and mortgage financing contingencies.
The average salary for a real estate agent is $103,666 per year in North Carolina. 1.1k salaries reported, updated at September 8, 2022.
The North Carolina real estate broker licenses are issued at no charge, but the application fee is $100 and the exam fee is $64. Licenses are issued for a one-year period ending on June 30 and the renewal process of the license begins 45 days before that date.
How Do I Get my North Carolina Real Estate License? Register with Kaplan for the Required Education. ... Complete Your Background Check. ... Apply for Your License. ... Schedule Your North Carolina Licensing Exam. ... Take the North Carolina State Licensing Exam. ... Receive Your State License and Hang It with a Broker.
\u201cContingent\u201d means a contract has been signed and is an agreement to sell the property once all contingencies are satisfied. In our area this has usually nothing to do with selling another home, it's more focused on home inspection and appraisal.

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