North Carolina

Sustainability Resources

The Real Estate industry is one of the most environmentally damaging industries in the world accounting for:
30%
of total carbon dioxide
40%
of all energy
40%
of all raw materials
Our goal is to give you the resources you need to take sustainable action in improving, building, retrofitting and revamping your home. The impacts are real, the benefits significant, and the need critical. Join us in bringing sustainability home and creating a brighter future for all, starting with you.

Save money and do the world a favor!
Here's a list of Sustainability Initiatives in the area:

Energy Star Search Engine

Energy Efficient Products: appliances, electronics, lighting, building materials, etc.

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Materials Carbon Footprint Database

Material database used to assess carbon output of material production.

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Equipment Tax Credits for Primary Residences

Energy Star: Equipment tax credits for primary residences. Includes tax credits associated to residential energy property costs and energy efficient improvements that qualify for a tax credit. **new construction and rentals DO NOT apply must be an existing home AND their principal residence. EXPIRES December 31, 2021

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North Carolina FAQs

Is North Carolina a judicial or non-judicial state?

Non-Judicial

In a non-judicial foreclosure state, the lender does not need to go through the court system in order to foreclose on a property. This process can be quicker and less expensive for the lender compared to a judicial foreclosure.
In a non-judicial foreclosure state, the lender does not need to go through the court system in order to foreclose on a property. This process can be quicker and less expensive for the lender compared to a judicial foreclosure.

What is the process of closing on a property in North Carolina?

Attorneys or lenders may handle closings, and corporate agents issue title insurance. Conveyance is by warranty deed. Deeds of trust with private power of sale are the customary security instruments. Foreclosures are non-judicial, with a 10-day redemption period following the sale. The entire process takes between 45 and 60 days. North Carolinians use ALTA policies, but these require an attorneys opinion before they’re issued. Buyers and sellers negotiate the closing costs, except that buyers pay the recording costs, and sellers pay the document preparation and transfer tax costs. Property taxes fall due annually on the last day of the year.

Property Taxes in North Carolina?

Annually on the last day of the year.

In North Carolina, does a property management company require a real estate broker's license?

YES. Key components of property management (leasing and renting) are considered real estate activities under existing North Carolina real estate licensing laws. If a property manager is going to lease, rent, or list, or offers to perform any of those acts, he or she will need a broker's license. A salesperson working under a broker may engage in such activities.

Are there any exceptions to the requirement that a property manager have a broker's license in North Carolina?

YES. For example, on-site managers and salaried employees of real estate brokers working for property owners are exempt if their employment is limited to certain activities, such as showing units to prospective tenants, accepting application for lease of the units, accepting security deposits and rent (when they are payable to the property owner) and accepting lease applications. Such employees may not negotiate security deposits, rental payments or leases. For more information about these and other North Carolina property management requirements and exceptions, please contact the North Carolina Real Estate Commission. Before hiring a property manager to manage your North Carolina rental property, you should always check that he or she is licensed appropriately. You can check the license status of North Carolina property managers at the North Carolina licensee database.

Do you need a broker's license to manage community associations in North Carolina?

There is no requirement that a community association manager or condo association manager in North Carolina hold a real estate broker's license.

North Carolina Real Estate Broker Requirements

Attorneys or lenders may handle closings, and corporate agents issue title insurance. Conveyance is by warranty deed. Deeds of trust with private power of sale are the customary security instruments. Foreclosures are non-judicial, with a 10-day redemption period following the sale. The entire process takes between 45 and 60 days. North Carolinians use ALTA policies, but these require an attorneys opinion before they’re issued. Buyers and sellers negotiate the closing costs, except that buyers pay the recording costs, and sellers pay the document preparation and transfer tax costs. Property taxes fall due annually on the last day of the year.

North Carolina Real Estate Salesperson Requirements

Annually on the last day of the year.

How do property ownership transfers work in North Carolina?

Warranty deed

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