Higher Test Marks with Free Online NCREC-Broker-N Exam Practice

Assess the CertsIQ’s updated NCREC-Broker-N exam questions for free online practice of your NC Real Estate Broker National test. Our NCREC Broker N dumps questions will enhance your chances of passing the Real Estate Broker certification exam with higher marks.

Exam Code: NCREC-Broker-N
Exam Questions: 126
NC Real Estate Broker National
Updated: 12 Jan, 2026
Question 1

The monthly rent for each unit in a six-unit office building is $2,500. The annual vacancy rate averages 4%. The owner collects $3,000 per year in advertising fees. Annual operating expenses are $40,000. The annual debt service is $25,000. What is the net operating income of this property?

Options :
Answer: C

Question 2

Under the North Carolina Timeshare Act, a timeshare developer must allow a buyer to cancel a purchase contract without penalty for how long after signing the contract? 

Options :
Answer: D

Question 3

A buyer's stable monthly income is $6,800. Every month they pay a $485 car payment, $200 in a revolving credit payment, and $1,500 in alimony. Using ratios of 31% and 43%, what is the maximum monthly mortgage payment they would qualify for on an FHA-insured mortgage loan? 

Options :
Answer: B

Question 4

What principle states that the value of the best home in a neighborhood will be lowered by the existence of inferior homes? 

Options :
Answer: D

Question 5

The property manager of an apartment building would be in violation of the federal Fair Housing Act if they discriminated against a prospective tenant on the basis of: 

Options :
Answer: B

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