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Can a notice sent electronically be “legal notice” under the standard offer to purchase and contract?
QUESTION: My clients have a fully executed contract (Standard Form 2-T), but the buyers have not timely delivered the agreed upon earnest money deposit and due diligence fee. We know we can send a notice to the buyers demanding that they deliver the funds under paragraph 1(d) of the contract. Does the notice have to…NC REALTORS® 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 state’s 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.
July 2023 – Summary of July 2023 Residential Forms Changes
The following residential forms have been revised effective July 1, 2023. A summary of the significant changes to each form is included. A marked-up copy of each form showing the exact changes may be viewed by clicking on the name of the form.Should You Be Feeling Good or Bad About the New Tax Act?
The Tax Cut and Jobs Act of 2017 could affect your current tax liability and your future retirement. Here’s how.
July 2022 – Summary of July 2022 Residential Forms Changes
The following residential forms have been revised effective July 1, 2022. A summary of the significant changes to each form is included. A marked-up copy of each form showing the exact changes may be viewed by clicking on the name of the form.CE at Sea
Set sail with NC REALTORS® on one of the most amazing cruise ships for our annual CE at Sea educational adventure.What time of day controls if notice is sent from or to a different time zone?
QUESTION: I’ve just read that paragraph 20 of the Offer to Purchase and Contract (Form 2-T) was recently amended to make it clear that electronic notice is considered to have been delivered when it has been sent rather than when it has been received. That got me wondering—suppose a notice of termination of contract is…What happens if the DDF check is lost after it’s delivered to the listing agent?
QUESTION: An agent in my office represents a buyer who just went under contract using the Offer to Purchase and Contract (Form 2-T). In accordance with the contract, my agent hand-delivered a certified check for the $5,000.00 Due Diligence Fee to the listing agent shortly after receiving notice that the seller had signed the buyer’s…Attend
FAQsJuly 2021 – Summary of July 2021 Residential Forms Changes
The following residential forms have been revised effective July 1, 2021. A summary of the significant changes to each form follows the list. A marked-up copy of each form showing the exact changes may be viewed by clicking on the name of the form immediately preceding the summary of the forms. Jointly-Approved Forms (approved by…Greensboro Regional REALTORS® Contributes Key Element to City’s 2040 Comprehensive Plan: Smart Growth Polling
The Greensboro Regional REALTORS® Association (GRRA) gained valuable insight into the housing and transportation priorities of the region’s residents.Can a departing agent take their clients with them to a new firm?
QUESTION: An agent is leaving my firm and has requested that I let them take their clients with them to their new firm. Do I have to let the agent take their clients? Is the agent allowed to contact the clients and try to take them to the new firm? ANSWER: The answer to both…In-Person | National Real Estate Ethics Day
Event Scheduled: May 23, 2024
Understanding the Code of Ethics and its requirements makes us better REALTORS®. This course will walk REALTORS® through the articles of the Code with emphasis on the most misunderstood and/or are most violated. Bringing the very best presentation to our buyer and seller clients is our number one goal and following the Code can help you do that. This course provides REALTORS® with a reliable reference for guidance in dealing with complex situations in today’s day to day practice of real estate.
COVID-19 Q&A
Answers to questions from members across the state regarding the COVID-19 pandemic.
Legal Quiz (November 2020)
Test your knowledge of the back-up contract addendum