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Hurricanes, Flooding and NFIP Resources to Help You and Your Clients
Resources to help prepare and/or recover
NC REALTORSĀ® Coronavirus Information
Coronavirus resources
Flood Insurance Extension Update
NAR is working to avoid a lapse of the National Flood Insurance Program (NFIP) while Congress continues to negotiate over a long-term reauthorization and reform measure.
NC REALTORSĀ® COVID-19 STATUS UPDATES
In light of the current situation, it is important that we provide you with updates on the goings-on in the stateās real estate industry. So, we created the STATUS UPDATE page that we will launch every time we feel that it is necessary to get you important information.
Should a buyer initial the lead-based paint addendum even when the seller has provided no information or documents?
QUESTION: My buyer has received a Lead-Based Paint or Lead-Based Paint Hazard Addendum (Standard Form 2A9-T) from the seller, and it indicates that the seller has no knowledge of lead-based paint and no reports or records to share. Does my buyer need to initial line (c) of the form? I am worried that if my…Professional Standards Administrators
Enforcement of the Code of Ethics is a privilege and responsibility of each Board and Association as established in Article IV of the Bylaws of the National Association of REALTORSĀ®.Do Not Call Rules Update
The Federal Trade Commission and the Federal Communications Commission recently adopted rules regulating telemarketing. These rules established a national Do Not Call registry, which is a database that contains the telephone numbers of people who do not want to receive telephone sales solicitations. This update includes a summary of the latest developments on the Do…Lincoln County Water Lines
Our GAD William Bradford came in with information to request a grant to help fund the water line extension.Elimination of the loan contingency in Standard Form 580-T
QUESTION: I am writing an offer for my client to purchase a commercial property. My client will be financing his purchase. Much like paragraph 1(d) of the standard residential sales contract (Form 2-T), paragraph 1(b) of the standard agreement for the purchase of commercial property (Form 580-T) has a line to insert the total purchase…Diversity, Equity, & Inclusion
Piece by piece, weāre working together to create a beautiful and more complete picture of what diversity and inclusion can do for the real estate industry, our communities in North Carolina and across the globe. Weāre highlighting the diversity of our members, showcasing our commitment to the REALTORĀ® Code of Ethics, encouraging discussions on diversity and inclusion in our communities and working together to be ambassadors of social change.NC REALTORSĀ® Halloween Office Decorating Contest
We had a Halloween office decorating contest and can’t decide the winner. So, we thought, why not let our NC REALTORSĀ® members decide the winner!
Education
NC REALTORS membership offers education opportunites and tools like leadership development workshops, courses, seminars, networking events.Legislative Meetings
Legislative Meetings give members an opportunity to convene in Raleigh and address important issues that will be discussed during the current session of the General Assembly.Underground Storage Tank Information
QUESTION: I am a buyerās agent and my clients are looking at a house with an old underground heating oil tank in the backyard. The house was long ago converted to gasĀ heat, so the tankās not used any longer. The buyers want to get some basic information about underground heating oil tanks. Whatās a…Guidelines for using the Professional Services Disclosure and Election form
QUESTION: In the āServiceā column of the recently revised Professional Services Disclosure and Election (Standard Form 760), eight different types of inspections are listed under the heading āInspections.ā We have a buyer client who has decided not to order any inspections. Is it sufficient for that buyer to indicate his waiver of the inspections on…Buyerās Due Diligence Rights if the Due Diligence Fee is Zero
QUESTION: Ā I represent a seller. I just received an Offer to Purchase and Contract on Standard Form 2-T. In paragraph 1(d), on the line designating the Due Diligence Fee, the buyer inserted a zero. In paragraph 1(j), where the Due Diligence Period is defined, the buyer inserted a date that would equate to a roughly…When is the ādraftingā of contract language considered the unauthorized practice of law?
QUESTION: I know that the Real Estate Commission can discipline agents for ādraftingā contract language. However, I also know that it is perfectly OK for agents to fill in the blanks in Standard Form 2-T and other forms. Where is the line between what is permissible and what isnāt? Is it OK for me to…NC REALTORSĀ® statement regarding COVID-19
Association takes steps to protect health of members and public