As a result of a recent amendment to the Real Estate License Law, effective September 1, 1983 a real estate license will no longer be required of certain employees of licensed real estate brokers who manage real estate for an owner. However, limitations and restrictions were placed upon the acts which these unlicensed persons may perform.
Reprinted below are the applicable provisions of the amended License Law creating this exemption: C.S. 93A-2(cX6). The provisions of this Chapter (the Real Estate License Law) shall not apply to and shall not include (A)ny salaried person employed by a licensed real estate broker, for and on behalf of the owner of any real estate or the improvements thereon, which the licensed broker has contracted to manage for the owner, if the salaried employee is limited in his employment to: exhibiting residential units on the real estate to prospective tenants; providing the prospective tenants with information about the lease of the residential
units; accepting applications for lease of the residential units; completing and executing preprinted form leases; and accepting security deposits and rental payments for the residential units only when the deposits and rental payments are made payable to the owner or the broker employed by the owner. The salaried employee shall not negotiate the amount of security deposits or rental payments and shall not negotiate leases or any rental agreements on behalf of the owner or broker.
G.S. 93A-6(bX4). Following a hearing, the Commission shall also have power to suspend or revoke any license issued under the provisions of this Chapter or to reprimand or censure any licensee when (T)he broker's unlicensed employee, who is exempt from the provisions of this Chapter under G.S. 93A-2(cX6), has committed, in the regular course of business, any act which, if committed by the broker, would constitute a violation of G.S. 93A-6(a) for which the broker could be disciplined.