Before you read
Test yourself first: 5 questions
Question 1 of 5
Which form must a seller of most residential resale property in North Carolina provide to a buyer?
Answer: A. North Carolina requires sellers of most residential real property to provide the Residential Property and Owners' Association Disclosure Statement. It covers the condition of the property and any owners' association information so buyers can make an informed decision.
Question 2 of 5
Which disclosure form must an owner of most residential resale property in North Carolina provide to a buyer no later than the time of the buyer's offer?
Answer: B. North Carolina requires sellers of most one-to-four-unit residential resale properties to deliver the Residential Property and Owners' Association Disclosure Statement (RPOADS) to the buyer no later than the time the buyer makes an offer.
Question 3 of 5
How does North Carolina generally treat an applicant who already holds a real estate license in another U.S. jurisdiction?
Answer: B. North Carolina does not maintain traditional reciprocity agreements. Instead, qualified nonresident licensees may have the prelicensing education requirement waived but must apply and pass at least the North Carolina state portion of the licensing examination.
Question 4 of 5
Which disclosure must North Carolina sellers of most residential property provide to buyers?
Answer: B. North Carolina sellers of most 1-4 unit residential property must provide the Residential Property and Owners' Association Disclosure Statement before an offer is accepted.
Question 5 of 5
Which of the following is a power held by the North Carolina Real Estate Commission?
Answer: A. The NCREC investigates complaints against licensees and may impose discipline such as reprimand, suspension, or revocation for violations of License Law.
Keep the streak going with more questions like these, each with a full rationale.
What you need to know
Licensees must disclose material facts they know or reasonably should know about a property to all parties. These disclosure duties protect buyers and uphold the licensee's obligation of honesty and fair dealing.
Disclosures North Carolina Sellers and Licensees Must Make: FAQs
Is Disclosures North Carolina Sellers and Licensees Must Make on the real estate exam?
Yes. State License Law is a scored domain on the North Carolina real estate licensing exam, and this topic appears in the state license-law portion.
Is this cheat sheet free?
Yes — every page on Cinna RE's resource library is free to read, print and share. The app adds practice questions, mock exams and a readiness score.
Does North Carolina test this differently?
North Carolina applies its own license law on top of the national portion. This page covers the North Carolina rules specifically, which is what the state section of your exam tests.
