Summarized below are recent amendments to the Rules and Regulations of the North Carolina Real Estate Licensing Board. These changes were adopted following a rule-making hearing held in the offices of the Board on September 21, 1977 and became effective September 30, 197J.
1. Rule .0103 amended by deleting the requirement that licensees notify the Board of each change of residence.
2. Rule .0202 amended by changing the location of the offices of the Licensing Board to 115 Hillsborough Street.
3. Rule .0502(a) amended by deleting from the description of the application form used to obtain a corporation license that part which refers to a resolution of the board of directors.
4. Rule .0504(a) amended by providing that inactive licenses shall be renewed upon the payment of the regular $10.00 annual renewal fee. (The word "shall" substituted for the word "may" previously being used.)
5. Rule .1001 amended by deleting the requirement that schools seeking approval of their course shall file an application with the Board on the official stationery of the school, and by adding a requirement that schools seeking approval of their course shall make written application to the Board on a prescribed form.
6. Rule .1004 amended by adding a requirement that schools shall furnish each successful student an official certification upon a form prescribed by the Board.