SECTION .1800 - Limited Nonresident Commercial Licensing

21 NCAC 58A .1801         GENERAL PROVISIONS

(a)  Any person resident in a state or territory of the United States other than North Carolina may perform the acts or services of a real estate broker in North Carolina in transactions involving commercial real estate if said person first applies for and obtains a limited nonresident commercial real estate broker license as provided in this Section.

(b)  Corporations, business associations and entities shall be ineligible for licensure under this Section.

(c)  Nothing in this Section shall be construed to limit the rights of any person duly licensed as a real estate broker in North Carolina under the provisions of G.S. 93A-4 or 93A-9(a).

History Note:        Authority G.S. 93A-4; 93A-9;

Eff. July 1, 2004;

Amended Eff. April 1, 2006;

Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. May 1, 2018.