North Carolina Real Estate Commission Bulletin
Volume 8, Number 1

Spring 1977

Broker Cooperation Between States What a Broker Is Not!
Examination Schedule Normal Schedule Resumed
Exam Results Court Modifies Board Order
Disciplinary Action License Renewals

RULE .0503(b)
PENALTY FOR NON-RENEWAL

Any person who engages in the business of real estate broker or real estate salesman while his license is lapsed will be subject to the penalties prescribed in the licensing law.