North CarolinaSB 6902025-2026 SessionSenateWALLET

AN ACT TO MODIFY THE LICENSING AND CERTIFICATION PROCEDURES OF THE NORTH CAROLINA APPRAISERS ACT.

Sponsored By: Jr. David W. Craven (Republican), Steve Jarvis (Republican), Dana Jones (Republican)

Signed by Governor

APPRAISAL BOARDAPPRAISALSBOARDSLICENSING & CERTIFICATIONOCCUPATIONSPRESENTEDPUBLICRATIFIEDREAL ESTATECHAPTERED

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Bill Overview

Analyzed Economic Effects

4 provisions identified: 2 benefits, 0 costs, 2 mixed.

New path to appraiser license

The law creates a new way to qualify for residential appraiser certification. You can complete an approved Practical Applications of Real Estate Appraisal (PAREA) program and submit 15 residential appraisals. The Board reviews five of them for professional standards. The Board can adopt rules starting July 2, 2025. This path applies to applications filed on or after January 1, 2026, and ends December 31, 2030.

Landlords can recover more legal costs

Landlords may recover actual court filing fees and service costs from tenants. They may also recover reasonable attorneys’ fees listed in a written lease, up to 15% of the amount owed. For evictions based on something other than nonpayment, the cap is 15% of one month’s rent. If a tenant appeals to district court and the court finds the appeal frivolous or in bad faith, the landlord may get all reasonable attorneys’ fees. These rules apply back to September 9, 2024.

Brokers can use preprinted contracts

Brokers may use preprinted offer or sales contract forms that state how commission is paid. The forms may include terms that forfeit earnest money to a broker or firm. This takes effect July 2, 2025, and stays in place until the Commission adopts a matching permanent rule.

Limits on salesmen with multiple dealers

Starting October 1, 2025, a salesman may be registered with more than one dealer only in limited cases. Multi-dealer registration is allowed when the dealers share common ownership or control, or when the Administrator approves it by rule or order.

Sponsors & Cosponsors

Sponsors

  • Jr. David W. Craven

    Republican • Senate

  • Steve Jarvis

    Republican • Senate

  • Dana Jones

    Republican • Senate

Cosponsors

  • Woodson Bradley

    Democratic • Senate

  • Michael A. Lazzara

    Republican • Senate

  • Timothy D. Moffitt

    Republican • Senate

Roll Call Votes

All Roll Calls

Yes: 309 • No: 5

Senate vote 6/25/2025

SB 690: Various Real Estate and Business Law Changes.

Yes: 45 • No: 0 • Other: 5

House vote 6/24/2025

SB 690: Various Real Estate and Business Law Changes.

Yes: 109 • No: 2 • Other: 8

House vote 6/24/2025

SB 690: Various Real Estate and Business Law Changes.

Yes: 108 • No: 3 • Other: 8

Senate vote 5/7/2025

SB 690: Modify Licensing Real Est. Appraisers.

Yes: 47 • No: 0 • Other: 3

Actions Timeline

  1. Ch. SL 2025-52

    7/2/2025Senate
  2. Signed by Gov. 7/2/2025

    7/2/2025Senate
  3. Pres. To Gov. 6/27/2025

    6/27/2025Senate
  4. Ratified

    6/26/2025Senate
  5. Ordered Enrolled

    6/25/2025Senate
  6. Concurred In H Com Sub

    6/25/2025Senate
  7. Placed on Today's Calendar

    6/25/2025Senate
  8. Withdrawn From Com

    6/25/2025Senate
  9. Ref To Com On Rules and Operations of the Senate

    6/25/2025Senate
  10. Special Message Received For Concurrence in H Com Sub

    6/25/2025Senate
  11. Special Message Sent To Senate

    6/25/2025House
  12. Ordered Engrossed

    6/24/2025House
  13. Passed 3rd Reading

    6/24/2025House
  14. Passed 2nd Reading

    6/24/2025House
  15. Amend Adopted A1

    6/24/2025House
  16. Added to Calendar

    6/24/2025House
  17. Cal Pursuant Rule 36(b)

    6/24/2025House
  18. Reptd Fav

    6/24/2025House
  19. Re-ref Com On Rules, Calendar, and Operations of the House

    6/24/2025House
  20. Reptd Fav Com Substitute

    6/24/2025House
  21. Re-ref to the Com on Judiciary 1, if favorable, Rules, Calendar, and Operations of the House

    6/19/2025House
  22. Withdrawn From Com

    6/19/2025House
  23. Ref To Com On Rules, Calendar, and Operations of the House

    5/8/2025House
  24. Passed 1st Reading

    5/8/2025House
  25. Special Message Received From Senate

    5/7/2025House

Bill Text

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