NORTH CAROLINA GENERAL ASSEMBLY

1973 SESSION

 

 

CHAPTER 1390

SENATE BILL 871

 

 

AN ACT TO AMEND CHAPTER 93A OF THE GENERAL STATUTES RELATING TO REAL ESTATE BROKERS AND SALESMEN.

 

The General Assembly of North Carolina enacts:

 

Section 1.  G.S. 93A-4(a), as the same appears in the 1971 Cumulative Supplement to Volume 2C of the General Statutes, is amended by striking out all of the third sentence, which begins on line 6, and inserting in lieu thereof:

"Each applicant for a license as a real estate broker shall have been actively engaged as a licensed real estate salesman in this State for at least 12 months prior to making application for a license as a real estate broker, or shall furnish evidence satisfactory to the Board of experience in real estate transactions which the Board shall find equivalent to such 12 months experience as a licensed real estate salesman, or shall furnish evidence satisfactory to the Board of completion of 30 classroom hours of such courses of education in real estate subjects at a school approved by the Board as the Board shall by regulation prescribe. Each applicant for a license as a real estate salesman shall furnish evidence satisfactory to the Board of completion of 30 classroom hours of such courses of education in real estate subjects at a school approved by the Board as the Board shall by regulation prescribe or shall furnish evidence satisfactory to the Board of experience in real estate transactions which the Board shall find equivalent to such real estate education."

Sec. 2.  This amendment shall become effective September 1, 1974.

In the General Assembly read three times and ratified, this the 13th day of April, 1974.