Bulletin 1982 V13-1

Rules and Regulations Amended

Summarized below are recent amendments to the Rules and Regulations of the North Carolina Real Estate Licensing Board. These amendments were adopted following a rule-making hearing held in the offices of the Board on March 9, 1982 and became effective May 1, 1982.

  1. Rule .0101 was amended by requiring licensees to display their license renewal stickers on their (wall) license certificates. (See next page.)

  2. Rule .0302 was amended by authorizing the Board to schedule applicants for licensing examinations based upon the postmark date of their application. Applications must be received in the Board's office on or before the filing date established by the Board for a scheduled examination or must be postmarked not later than the day preceding the filing date.

  3. Rule .0402 was amended by authorizing the addition of the Board's Trust Account Guidelines to the subject matter on which license applicants are tested.

  4. Rule .0505 was amended by authorizing the Board to require persons whose licenses have been expired for more than one year to complete certain real estate education as a condition for reinstatement of their licenses.