85B-6 Fees; local governments not to charge fees or require license
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Questions and Answers

What is the maximum application fee for an auctioneer license?

  • $150.00
  • $75.00
  • $125.00 (correct)
  • $100.00

How much is the examination fee for reinstatement of an auctioneer license?

  • $125.00
  • $75.00 (correct)
  • $50.00
  • $100.00

What fee is charged for the issuance or renewal of auction firms' licenses?

  • $100.00
  • $75.00 (correct)
  • $125.00
  • $50.00

Which fee corresponds to the application for a license for auctioneers?

<p>$125.00 (B)</p> Signup and view all the answers

What is the examination fee for license applications for auction firms?

<p>$75.00 (A)</p> Signup and view all the answers

What would be the total fee for someone applying for an auctioneer license and taking the examination?

<p>$200.00 (C)</p> Signup and view all the answers

What is the reinstatement fee for an auctioneer's license?

<p>$75.00 (A)</p> Signup and view all the answers

Local governments are allowed to charge fees or require licenses for auctioneers.

<p>False (A)</p> Signup and view all the answers

What happens to the application and examination fees if the license is not obtained?

<p>They are both nonrefundable regardless of the situation. (B)</p> Signup and view all the answers

What is the condition for a nonresident to obtain a reciprocal auctioneer license?

<p>They must pay either the fee set for a new license or the fee from their state, whichever is higher. (A)</p> Signup and view all the answers

What fee is required when renewing a lapsed license?

<p>A reinstatement fee. (C)</p> Signup and view all the answers

What authority retains the power to take action against someone using a lapsed license?

<p>The courts and the Commission. (A)</p> Signup and view all the answers

What is stated about local governments' ability to charge fees to auctioneers?

<p>They cannot require any additional fees beyond what is specified. (B)</p> Signup and view all the answers

Flashcards

Auctioneer License Application Fee

The maximum fee is $125.00.

Auctioneer License Reinstatement Exam Fee

The fee to retake the exam is $75.00.

Auction Firm License Fee

The fee is $75.00 for issuance or renewal.

Auctioneer License Application Fee

The fee to apply is $125.00.

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Auction Firm License Exam Fee

The exam fee is $75.00.

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Auctioneer License & Exam Total Fee

The total fee is $200.00

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Auctioneer License Reinstatement Fee

The fee is $75.00.

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Local Government Auctioneer Fees

False. Local governments cannot charge extra fees or require licenses.

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Nonrefundable Auction License Fees

Both fees are nonrefundable.

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Reciprocal Auctioneer License Fee

Pay the higher of your state's fee or the new license fee.

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Fee for Renewing a Lapsed License

A reinstatement fee is required.

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Authority Over Lapsed Licenses

The courts and the Commission retain the power.

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Local Government Fee Restrictions

They cannot require any additional fees beyond what is specified.

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Study Notes

Auctioneer Licensing Fees

  • The North Carolina Auctioneer Commission collects fees for auctioneers, apprentice auctioneers, and auction firms.
  • The maximum fee for an auctioneer license application is $125.
  • The maximum fee for an auctioneer license examination is $75.
  • The maximum fee for an auctioneer license issuance or renewal is $75.
  • The maximum fee for an auction firm license application is $125.
  • The maximum fee for an auction firm license examination is $75.
  • The maximum fee for an auction firm license issuance or renewal is $75.
  • The maximum fee for reinstating a lapsed license is $75.
  • Application fees are nonrefundable.
  • Nonresident auctioneers must pay the greater of the North Carolina examination and issuance fees or the fee their home state charges North Carolina auctioneers for reciprocal licensing.
  • A lapsed license is not retroactive, meaning it does not cover any activity during the lapse period.
  • Local governments cannot charge additional fees or require licenses for auctioneers, apprentice auctioneers, or auction firms.

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Related Documents

85B-6 Fees Local Government Licenses PDF

Description

This quiz covers the various licensing fees set by the North Carolina Auctioneer Commission for auctioneers and auction firms. Understand the maximum fees for applications, examinations, renewals, and reinstatements. Test your knowledge of the regulations surrounding auctioneer licensing in the state.

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