North Carolina Real Estate Commission Bulletin
Volume 14, Number 1

Spring 1983

Real Estate License Law Amended Real Estate Brokers/Mobile Home Sales
Employees of Property Managers Exempted from Licensing New Examination Specifications Adopted
Exam Results Truth in Lending (continued from Previous Bulletin)
Broker-In-Charge Disciplinary Action

FOAM INSULATION UPDATE

The "Answerline" column of the last BULLETIN reported that the Federal Consumer Products Safety Commission had banned the use of Urea Formaldehyde Foam Insulation (UFFI) in homes. Soon after that BULLETIN item appeared, the United States Fifth Circuit Court of Appeals overturned the Commission's ban. The Commission has petitioned the court for a rehearing, however, and a stay of the court's order has been granted. Until a final decision is rendered by the court, the ban on the use of Urea Formaldehyde Foam Insulation will remain in force. When a broker or salesman knows or has reason to suspect that a house he has listed for sale contains UFFI, he must disclose its presence to a potential purchaser.