North Carolina LegalLife Multistate Guide and Handbook for Selling or Buying Real Estate

The Essential Provisions of an Enforceable Contract An acceptance. Competent parties who have the legal capacity to contract. Lawful subject matter. Mutuality of obligation.

NC Real Estate exam is difficult. I went to gradschool at Harvard and failed this exam twice before passing Grrrrr. I once owned a Brokerage in NC and have to retake the exam since I have not been active for 5 years. Once spending several hours with this as a study aid I passed.

North Carolina State Broker Real Estate Exam We have helped license over 50,000 students with an exam pass rate of over 95%. The practice exam questions and answers were created by industry experts and are constantly updated to North Carolina's licensing requirements.

Take the exam as soon as possible after finishing the course. Use common sense. Learn the vocab. Refresh those math skills. Study state laws. Know the exam rules before you go. Go with your gut.

To be enforceable, a contract must have sufficient consideration. Consideration is something of value (money, labor, goods or a promise to act or not act) given in exchange for a return promise or a performance and only if the parties intend to make such an exchange.

Your real estate prelicensing education will take a lot of hard work and cover a lot of material. The education you receive is an important part of getting started with your career as a North Carolina real estate agent. The state exam is not easy, so you will need to be diligent about your studies.

NC Real Estate exam is difficult. I went to gradschool at Harvard and failed this exam twice before passing Grrrrr. I once owned a Brokerage in NC and have to retake the exam since I have not been active for 5 years. Once spending several hours with this as a study aid I passed.

The length of the contract can be three months, six months, a year, or any other period you choose. Agents often don't like taking listings for less than a month because they don't have enough time to market the house before the listing expires. A six-month listing is average.