Commission publishes N.C. Real Estate Manual

The Real Estate Commission is pleased to announce the publication of the North Carolina Real Estate Manual, 2000-2001 Edition . Offered by the Commission as the definitive work on the legal aspects of real estate brokerage practice in North Carolina, the Manual is an essential reference book for real estate licensees, instructors, attorneys and all others interested in North Carolina real estate law and brokerage practice. It will also serve as the authorized text for the new real estate broker prelicensing course.

Content of the Manual is based primarily on the Commission's discontinued textbook, North Carolina Real Estate for Brokers and Salesmen, which the Manual replaces. With over 700 pages, it provides in-depth coverage of such topics as basic real property law, brokerage contracts, relationships and practices, sales contracts and practices, closing real estate transactions, land use controls, mortgage law, finance practices, valuation, fair housing and landlord-tenant issues. Newly included is an introduction to commercial brokerage, as well as North Carolina License Law, Commission Rules and trust account guidelines, making this a handy one-stop reference for questions regarding the legal aspects of real estate brokerage. The Manual will be published biennially to ensure up-to-date coverage of these and other topics.

The Commission is especially grateful to Patrick K. Hetrick, professor of law at the Campbell University School of Law and a leading authority on North Carolina real property law, for his superb work as principal author of the Manual, and for the substantial contributions of co-authors Larry A. Outlaw, the Commission's Director of Education and Licensing, and Patricia Moylan Sullivan, the Commission's Legal Education Officer.

As a practicing real estate agent in North Carolina, you should have this book for your reference. Please use the form provided in this Bulletin to order your copy.