A. REAL ESTATE LICENSE LAW AND COMMISSION RULES 1. Basic Licensing Requirement 2. License Categories 3. Activities Requiring a License 4. Permitted Non-brokerage Activities of Unlicensed Assistants/ Employees 5. Exempt Activities
B. The Real Estate Commission 1. Composition 2. Purpose and Powers 3. Disciplinary Authority
C. General Licensing Provisions 1. Licensing of Individual Persons 2. License Expiration and Renewal 3. Continuing Education 4. Active and Inactive License Status 5. License Reinstatement 6. Broker Supervision of Provisional Brokers 7. Payment of License Fees 8. Proof of Licensure 9. Change of Name or Address 10. Reporting Criminal Convictions
D. Prohibited Acts/Conduct 1. Misrepresentation and Omission of Material Fact 2. Making False Promises 3. Acting for Multiple Parties without Consent of All 4. Improper Brokerage Commissions 5. Failure to Account for Trust Monies 6. Unworthiness and Incompetence 7. Improper, Fraudulent or Dishonest Dealing 8. Discriminatory Practices 9. Practice of Law 10. Commingling Trust Money with Personal Funds 11. Failure to Deliver Purchase Agreement or Offer to Buyer or Seller 12. Failure to Deliver a Closing Statement to Client 13. Violation of Any Commission Rule 14. Other Prohibited Acts 15. Injunctive Relief for Unlicensed Activity 16. License Surrender 17. Imposition of Restrictions on License or Approval
E. General Brokerage Provisions 1. Advertising [Commission Rule 2. Delivery of Instruments 3. Retention of Records 4. Brokerage Fees and Compensation 5. Drafting Legal Instruments 6. Disclosure of Offers
F. Broker-in-Charge G. Handling Trust Funds H. North Carolina Time Share Act
