AMANDA MCRAE CAMPBELL (LUMBERTON) – By Consent, the Commission suspended the broker license of Ms. Campbell for a period of 9 months, effective October 1, 2021. The Commission then stayed the suspension in its entirety. The Commission found that in June, 2020, Ms. Campbell, listed a residential property. The sellers completed the RPOADS in which they answered “no” to every question. A buyer contracted to buy the property but terminated t based on the home inspection. Buyer #1 did not share their inspection report with Ms. Campbell. The sellers obtained their own home inspection, which they shared with Ms. Campbell. The home inspection revealed multiple defects, including an unsupported floor in the bathroom, a drainpipe was discharging into the crawl space, the crawl space had very high moisture level, the house had PB pipes and various plumbing leaks, and water stains on interior ceilings indicative of a possible roof leak. Ms. Campbell failed to revise the MLS or to otherwise disclose any defects. A subsequent buyer contracted to buy the subject property and received the original RPOADS signed by the sellers. The buyer received an inspection report detailing the same defects and also terminated their contract. The property sold to a final buyer without Ms. Campbell disclosing the defects or advising her seller-clients to update the RPOADS.
TAYLOR BRADLEY COALSON (MOUNT AIRY) – By Consent, the Commission reprimanded Mr. Coalson, effective September 30, 2021. The Commission found that in October, 2020, Mr. Coalson, acting as a listing agent, listed a property for $139,900. On October 24, 2020, Mr. Coalson’s BIC submitted an oral offer for $143,000 on behalf of buyer-clients, which the seller’s indicated they would accept. On October 25, 2020, Mr. Coalson’s BIC submitted the written offer of $143,000 on behalf of his buyer-clients, and, the same day, another buyer submitted a written offer of all cash for $145,000 with an earlier closing date. Ms. Coalson did not present the second written offer document but did inform the sellers. Mr. Coalson’s seller-clients signed the lower offer in the belief that they were obligated based on their “verbal acceptance.”
LEONARD JAMES CUSATO (SOUTHERN SHORES) – By Consent, the Commission reprimanded Mr. Cusato, effective September 30, 2021. The Commission found that in 2020, Mr. Cusato, acting as the listing agent, received information that a tiki bar located on the listed property was in violation of the setback regulations and that the screen porch and tiki bar were constructed without permits. Mr. Cusato failed to discover additional information concerning these material facts and failed to disclose that information to the buyers and their agent. The county issued a Notice of Violation and the buyers were required to move the tiki bar out of the setback.
JANET G LAMB (NEW BERN) – By Consent, the Commission suspended the broker license of Ms. Lamb for a period of 6 months, effective October 1, 2021. The Commission then stayed the suspension in its entirety. The Commission found that Ms. Lamb acted as the listing agent for an estate owner of a residential property, which included a boat dock. Prior to listing, one of the property heirs told Ms. Lamb that the boat dock might be shared with a neighbor. Ms. Lamb was aware of the previous MLS listing, by a different firm a few years prior, which stated “DOCK IS OWNED IN COMMON WITH NEIGHBOR TO THE LEFT”. Ms. Lamb pulled the tax card for the subject property as well as the neighboring property, which showed that both properties were being assessed tax for the dock. Ms. Lamb, however, could not find a written agreement for a shared dock with the Register of Deeds Office or taxing authority. Ms. Lamb also discovered that the power and water supply to the dock came from the subject property. Therefore, she believed the subject property had exclusive right to the dock and advertised that the property had a “Boat Dock”. A buyer purchased the subject property without having a survey performed. A subsequent survey verified that the dock sits on both property lines.
WILLIAM EDWARD RAMSEY III (RALEIGH) – By Consent, the Commission suspended the broker license of Mr. Ramsey III for a period of 3 years, effective April 4, 2020. The Commission then stayed the remaining 18 months suspension after 18 months active. The Commission found that in May 2015, Mr. Ramsey III was convicted of one count of maintaining a place for the purpose of manufacturing, distributing, and using marijuana. The offense occurred over an 8 month period from September 2009 to April 2010. Mr. Ramsey III was sentenced to thirteen months in prison followed by three (3) years of supervised probation. Mr. Ramsey III was ordered to pay a $50,000 fine and ordered to forfeit to the United States his interest in the property in which the charges arose. Mr. Ramsey III was released from prison on April 4, 2016. According to Mr. Ramsey III’s probation officer, Mr. Ramsey III has paid the $50,000 fine and his probation was terminated. Mr. Ramsey III did not timely report this conviction to the NCREC.