Bill Summary for S 690 (2025-2026)
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Summary date:
Jul 3 2025
Bill Information:
| View NCGA Bill Details(link is external) | 2025-2026 Session |
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
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. SL 2025-52. Enacted July 2, 2025. Effective July 2, 2025, except as otherwise provided.