The Commission is complying with Session Law 2025-52 (Senate Bill 690) by initiating permanent rulemaking to amend 21 NCAC 58A .0112: Offers and Sales Contracts. During this rulemaking process, the Commission will not enforce the provisions of the current rule that are subject to change. A broker acting as an agent in a real estate transaction may use a preprinted offer or sales contract form containing provisions concerning the payment of a commission or compensation, including the forfeiture of earnest money, to a broker or firm.
This action is taken in accordance with legislative direction and is designed to provide clarity during the rule revision period.
The public hearing scheduled for August 14, 2025, at 9am, will only address proposed changes to 21 NCAC 58A .0503. The Commission will hold a public hearing on changes to 21 NCAC 58A .0112 as directed by the legislature at a later date. Subscribe to the Commission’s mailing list to receive notice of rulemaking: Subscribe to our mailing list
For questions or additional information, please contact Regulatory Affairs at (919) 719-9180.