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This document outlines the regulations governing private real estate schools in North Carolina, including definitions, licensing requirements, authority of the Commission, and standards for operation.
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How to fill out NC General Statutes - Chapter 93A Article 3
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Who needs NC General Statutes - Chapter 93A Article 3?
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Anyone seeking to understand their rights and responsibilities under certain professional conduct regulations.
02
Individuals or businesses involved in real estate transactions regulated by NC General Statutes.
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Real estate agents and brokers needing to comply with state laws.
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Consumers looking to file complaints related to real estate practices.
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People Also Ask about
What are NC general statutes?
Overview of the General Statutes of North Carolina The state's official statutory code is published by Lexis and contains public laws currently in force in North Carolina, arranged by subject matter.
What is the definition of a general statute?
Definition: A general statute is a type of law that applies to a broad range of people or situations. It is a law that is not specific to a particular person or group, but rather applies to everyone equally. For example, a general statute might be a law that prohibits speeding on a certain road.
What is NC General Statutes?
Overview of the General Statutes of North Carolina The state's official statutory code is published by Lexis and contains public laws currently in force in North Carolina, arranged by subject matter.
Can the NC real estate Commission fine you?
(3) If, based upon the evidence, the Commission finds that the broker has violated the Real Estate License Law or Commission rules, it can either (a) reprimand the broker; (b) suspend the broker's real estate license for a definite period of time; (c) revoke the broker's license; or (d) in the case of time share
What is the composition of the NC real estate Commission?
The Commission shall consist of nine members, seven members to be appointed by the Governor, one member to be appointed by the General Assembly upon the recommendation of the President Pro Tempore of the Senate in ance with G.S. 120‑121, and one member to be appointed by the General Assembly upon the
What is Article 7 of Chapter 93A?
Prohibition of Unfair Real Estate Service Agreements. § 93A‑88.1. Purpose; definitions. (a) This Article is intended to prohibit the use of real estate service agreements that are unfair to an owner of residential real estate or to other persons who may become owners of that real estate in the future.
What is the difference between a law and a statute?
Every statute is a law, but not every law is a statute; “law” suggests universality and sovereign authority derived from commonly defined moral principles or constitutional authority. Statutory law is subordinate to constitutional law and may not conflict with or supersede a constitutional standard.
What is the use of force general statute in NC?
(a) A person is justified in using force, except deadly force, against another when and to the extent that the person reasonably believes that the conduct is necessary to defend himself or herself or another against the other's imminent use of unlawful force.
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What is NC General Statutes - Chapter 93A Article 3?
NC General Statutes - Chapter 93A Article 3 pertains to the regulation of real estate brokers and salespersons in North Carolina. It outlines the licensing requirements, duties, and regulations affecting real estate professionals in the state.
Who is required to file NC General Statutes - Chapter 93A Article 3?
Real estate brokers and salespersons operating in North Carolina are required to comply with the provisions set forth in Chapter 93A Article 3, including the need to obtain and maintain a valid license.
How to fill out NC General Statutes - Chapter 93A Article 3?
To fill out the necessary forms associated with NC General Statutes - Chapter 93A Article 3, individuals should follow the instructions provided by the North Carolina Real Estate Commission. This may include providing personal information, details about the property transactions, and signatory requirements.
What is the purpose of NC General Statutes - Chapter 93A Article 3?
The purpose of NC General Statutes - Chapter 93A Article 3 is to protect consumers engaging in real estate transactions by ensuring that real estate professionals are properly licensed and adhere to ethical standards and practices.
What information must be reported on NC General Statutes - Chapter 93A Article 3?
Information that must be reported includes the identification of the real estate broker or salesperson, details of property transactions, disclosures of material facts, and adherence to all regulatory requirements as outlined by the North Carolina Real Estate Commission.
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