A North Carolina wholesale license, officially referred to as the Certificate of Registration, is essential for any North Carolina business engaging in taxable sales and transactions within the state.
Ing to Section 40-57-30, “Wholesaling” involves having a contractual interest in purchasing residential real estate and marketing it for sale before taking legal ownership. Advertising or marketing real estate owned by another for compensation now requires a broker's license.
A limited nonresident commercial broker (LCB) license is a license issued to a person who: does NOT live in North Carolina (NC), has an active real estate broker or salesperson license in another state, wants to enter NC to engage in a commercial transaction as an affiliated agent with his/her out-of-state brokerage ...
Requirements to Qualify to Become a North Carolina Real Estate Broker Be at least 18 years old. Be a US citizen, a non-citizen national, or a qualified alien under federal law. Complete a state-approved 75-hour broker prelicensing course. Pass the North Carolina State Licensing Examination with a score of at least 75%.
(a) A broker shall have a lien upon commercial real estate in the amount that the broker is due under a written agreement for broker services signed by the owner or signed by the owner's duly authorized agent, if: (1) The broker has performed under the provisions of the agreement; (2) The written agreement for broker ...
A limited nonresident commercial broker (LCB) license is a license issued to a person who: does NOT live in North Carolina (NC), has an active real estate broker or salesperson license in another state, wants to enter NC to engage in a commercial transaction as an affiliated agent with his/her out-of-state brokerage ...
A commercial real estate broker is the expert intermediary between landlords and tenants. While they're always working to get the best outcomes for their clients, the roles and priorities of brokers change depending on which side of the transaction they're on.