PDF File

Latest Real Estate Licensing NCREC-Broker-N Practice Questions BY Patton

Question 1

[Compliance with Laws and Regulations -- Lien Priority]

In North Carolina, which lien has the highest priority when property is sold to recover a debt?

  • A. Ad valorem property tax lien
  • B. Judgment lien
  • C. Mortgage lien
  • D. Whichever lien was recorded first
Question 2

In residential construction, building a concrete foundation directly on the ground is called:

  • A. pier and beam construction
  • B. platform construction
  • C. post and beam construction
  • D. slab-on-grade construction