February 20th, 2023

VOL. 110

HAPPY PRESIDENTS DAY!

2023 ANNUAL

DUES PAST DUE

Happy Presidents Day!

Presidents’ Day is observed annually on the third Monday in February. In 2023, Presidents’ Day will be celebrated on Monday, February 20. Although the holiday is most often referred to as “Presidents’ Day,” the observed federal holiday is officially called “Washington’s Birthday.”

Calling the holiday Presidents’ Day helps us to reflect on not just the first president, but also the founding of our nation, its values, and what Washington calls in his Farewell Address the “beloved Constitution and union, as received from the Founders.” Additionally, Abraham

Lincoln’s birthday is in February (on the 12th), so by calling the holiday “Presidents’ Day,” we can include another noteworthy president in our celebrations as well.

FEBRUARY 2023

VOL. 110

Do Free Real Estate Continuing Education Courses Violate RESPA?

Sent by NCREC on February 3rd

Has a settlement service provider offered to “sponsor” your continuing education course? Was the course free of charge?

The Real Estate Settlement and Procedures Act (RESPA), regulates federally-related mortgage loans on residential real property. RESPA, specifically Section 8(a), prohibits current or future referral sources from receiving kickbacks, unearned fees, or “things of value” from settlement service providers.

Click Here to Read More

As sent by the NCREC on June 21st, 2021

The requirements for obtaining building permits for original construction, additions, renovations, and repairs are determined by county and/or municipal building inspection offices. These requirements can be complex, may change over time, and may be different from one county/city to another. Brokers are not expected to know or remember all of the requirements for obtaining building permits. However, brokers have a duty to disclose material facts, and part of fulfilling that duty is verifying information – including permitted or non-permitted changes.

Click Here to Read the Full Document

FEBRUARY 2023

VOL. 110

FEBRUARY 2023

VOL. 110

Government Affairs Update

Angie Hedgepeth, Government Affairs Director for the Association, attends all the local meetings each month, as well as NAR® and NCAR® meetings, and keeps members abreast of the multiple issues being addressed in local, state, and national government. She prepares reports on the meetings she attends and they are included in the weekly "Government Affairs Update". View More Posts

She recently released her fifth issue of the GADZETTE which you can read by clicking here. It chronicles the recent government updates, RPAC wins, and a presidentially inspired recipe.