License Law, Rules, and Guidelines

License Law

North Carolina Real Estate License Law can be found in Chapter 93A of the General Statutes of North Carolina.(See the Home page for proposed and recent Law changes.)

Rules

North Carolina Real Estate Commission Rules can be found in Chapter 58 of the North Carolina Administrative Code, Title 21, Occupational Licensing Boards. (See the Home page for proposed and recent rule changes.)

License Law and Rules Comments

The License Law and Rules Comments are intended to assist licensees and applicants with their knowledge of the North Carolina Real Estate License Law and Real Estate Commission rules. The topics listed here are of particular importance and/or are likely to be frequently encountered in the usual course of real estate practice.

North Carolina's State Fair Housing Act

The Commission is committed to promoting fair housing in this state. Licensees and applicants are reminded that any conduct by a broker which violates North Carolina's State Fair Housing Act, Codified as Chapter 41A of the North Carolina General Statutes also constitutes a violation of the Real Estate License Law.

Administrative Procedures Act

This Chapter establishes a uniform system of administrative rule making and adjudicatory procedures for agencies. The procedures ensure that the functions of rule making, investigation, advocacy, and adjudication are not all performed by the same person in the administrative process. Rulemaking is governed by Article 2. Hearings before the Commission are under the scope of Article 3A of this Chapter.
http://www.ncleg.net/gascripts/statutes/statutelookup.pl?statute=150B

Landlord and Tenant

This Chapter establishes laws relating to the obligations and duties of landlords and tenants and includes the Tenant Security Deposit Act, which mandates the manner in which residential tenant security deposits are handled.
http://www.ncleg.net/gascripts/statutes/statutelookup.pl?statute=42

Vacation Rental Act

The growth of the tourism industry in North Carolina led to a greatly expanded market of privately owned residences that are rented to tourists for vacation, leisure, and recreational purposes. Rental transactions conducted by the owners of these residences or licensed real estate brokers acting on their behalf present unique situations not normally found in the rental of primary residences for long terms. The Vacation Rental Act regulates the competing interests of landlords, real estate brokers, and tenants.
http://www.ncleg.net/gascripts/statutes/statutelookup.pl?statute=42a

Timeshare Act

Article 4 of the Real Estate License Law establishes a uniform system for the registration of timeshare projects within the state. Sales of timeshares, whether by deeded interest or in a points or other system are required to be registered with specific information provided to consumers.