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We have received a number of inquiries as to whether the Bulletin is published monthly or quarterly. To avoid any further confusion, we have decided to change the heading on the Bulletin to show the quarter instead of the month of publication. This issue is designated “Fall Quarter 1970.” Succeeding issues will be published for the Winter, Spring, and Summer Quarters.

This article came from the Fall 1970 Vol1-3 edition of the bulletin.


Your Board has now completed its move to expanded quarters at 813 Branch Banking and Trust Building in Raleigh. You are cordially invited to visit the office at any time you -ire in the Capital city. The Board id entire staff welcome you.

With over 10,000 licensees in the state, the North Carolina Real Estate Licensing Board has found it necessary to enlarge its staff as well as its quarters. We are fortunate to have added Mr. Blanton Little, who will serve as assistant to the Secretary-Treasurer. Blanton is a native of Stanly County and a long time resident of Raleigh. He is well qualified for his new position. He is a Davidson graduate and has over twenty years experience in the fields of appraising and lending on residential, farm, and commercial properties.

Each member of the North Carolina Real Estate Licensing Board and staff dedicates himself to the protection of the interest of the public. We will continue to work for the strengthening of the profession by fair and impartial administration of the legislation and rules and regulations under which we operate.

Best wishes,

J. W. Olive

This article came from the Fall 1970 Vol1-3 edition of the bulletin.


Believe it or not, the Licensing Board occasionally receives a worthless check in payment of license fees. This is a violation of the Board’s Rules and Regulations and ground for license suspension or revocation and is being enforced by the Board.

This article came from the Fall 1970 Vol1-3 edition of the bulletin.


QUESTIONS: 1. Is a corporation which maintains and operates a golf club and related facilities required to use the services of a licensed real estate broker or salesman for the sale of a golf club membership, which membership includes the sale of a lot? 2. Is the corporation mentioned in Question I required to secure the services of a licensed broker or salesman (1) in event the corporation, for a fee, sells a member’s lot at his request or (2) in the event the corporation, for a fee, rents or leases a member’s house?

2. Yes.

OPINION: With respect to Question 1, G. S. 93A-2(c) provides, in port, that no real estate broker’s or salesman’s license is required for a corporation which, as owner, sells its own real estate.
With respect to Question 2, G. S. 93A-2(a) provides:

“A real estate broker within the meaning of this chapter is any person, partnership, association, or corporation, who for a compensation or valuable consideration or promise thereof lists or offers to list, sells or offers to sell, buy or offers to buy, auctions or offers to auction (specifically not including a mere crier of sales), or negotiates the purchase or sale or exchange of real estate, or who leases or offers to lease, or who sells or offers to sell leases of whatever character, or rents or offers to rent any real estate or the improvement thereon, for others.” (Emphasis added.)

Thus the lease or rental of a member’s house by the corporation for a fee clearly falls within the statutory definition of a real estate broker.

It is noted that the corporation here involved was organized as a non-profit corporation under Chapter 55A of the General Statutes. Whether the corporation was organized for profit under Chapter 55 or as a nonprofit corporation would not affect the conclusions made herein.

This article came from the Fall 1970 Vol1-3 edition of the bulletin.

Administrative Assistant

The Licensing Board takes pleasure in announcing that Blanton Little of Raleigh has been employed as Administrative Assistant to J. F. Schweidler, Secretary-Treasurer of the Board. Mr. Little has recently token early retirement from the Prudential Insurance Company of America after having served the Real Estate Investment Department of that company for a period of twenty-four years in the various capacities of Mortgage Loan Inspector, Mortgage Loan Appraiser, Reviewing Appraiser, Supervising Appraiser, and Senior Appraiser. Mr. Little began his duties with the Licensing Board on September 8.

Mr. Little is a native of North Carolina, having been raised in Albemarle. He graduated from Albemarle High School and from Davidson College, where he majored in Economics and Political Science. He served as a Naval Officer in World War 11.

He is married to the former Lillie Bradshaw of Wilson County, and they have one son, Blanton, Jr.

This article came from the Fall 1970 Vol1-3 edition of the bulletin.