North Carolina Real Estate Broker Exam — All Questions
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1 questions
Supervision/Compensation
In North Carolina, from whom may an affiliated broker lawfully accept a commission for a real estate transaction?
- a.Only from their own broker-in-charge or firm✓
- b.Directly from the buyer with no firm involvement
- c.From any party who offers to pay them
- d.From the opposing brokerage firm directly
A provisional broker or affiliated broker in North Carolina may accept compensation for brokerage activity only through their own firm or broker-in-charge, not directly from clients or other firms. This keeps compensation flowing through the supervising firm, which is responsible for the broker's conduct. Accepting money directly from a client or the other firm would violate License Law.