Bill Summary for S 690 (2025-2026)

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Summary date: 

Jun 24 2025

Bill Information:

View NCGA Bill Details(link is external)2025-2026 Session
Senate Bill 690 (Public) Filed Tuesday, March 25, 2025
AN ACT TO MODIFY THE LICENSING PROCEDURES OF THE NORTH CAROLINA APPRAISERS ACT, TO AUTHORIZE BROKERS TO REGISTER WITH MULTIPLE DEALERS UNDER COMMON OWNERSHIP OR CONTROL, TO MODIFY THE LAW REGARDING OUT-OF-POCKET EXPENSES A LANDLORD MAY RECOVER FROM A TENANT, AND TO ALLOW A BUYER'S AGENT COMPENSATION TO BE INCLUDED IN AN OFFER TO PURCHASE.
Intro. by Craven, Jarvis, Jones.

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Bill summary

House amendment to the 3rd edition makes the following changes. 

Section 3.

Specifies that the act's amendments to GS 42-46 (pertaining to attorneys’ fees if the landlord is the prevailing party) are clarifying amendments and retroactive to September 9, 2024. Makes organizational changes.