GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1991

H	2 

HOUSE BILL 1455
Committee Substitute Favorable 6/12/92

Short Title:  Real Estate Appraisers Priv. Lic.	(Public)
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Sponsors:
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Referred to:  
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June 2, 1992

A BILL TO BE ENTITLED
AN ACT TO REQUIRE REAL ESTATE APPRAISERS TO OBTAIN PRIVILEGE LICENSES.
The General Assembly of North Carolina enacts:
Section 1. G.S. 105-41(a) reads as rewritten:
"(a)	Every practicing attorney-at-law, practicing physician, veterinarian, surgeon, osteopath, chiropractor, chiropodist, dentist, oculist, optician, or optometrist; every person practicing any professional art of healing for a fee or reward; every practicing professional engineer as defined in Chapter 89C of the General Statutes; every practicing land surveyor as defined in Chapter 89C of the General Statutes; every architect and landscape architect; every photographer, canvasser for any photographer, or agent of a photographer in transmitting pictures or photographs to be copied, enlarged, or colored; and every person, whether acting as an individual, as a member of a partnership, or as an officer or agent of a corporation, who is engaged in the business of selling or offering to sell real estate, buying or offering to buy real estate, negotiating the purchase, sale, or exchange of real estate, leasing or offering to lease real estate, renting or offering to rent real estate, collecting any rents as agent for another for compensation, soliciting or negotiating loans on real estate as agent for another for a commission, brokerage, or other compensation, or appraising real estate shall apply for and obtain from the Secretary a statewide license for the privilege of engaging in the profession, business, or act and shall pay a tax of fifty dollars ($50.00) for the license.  No professional individual is required to pay a privilege tax after the individual has arrived at the age of 75 years.  A person who is engaged in the business of both selling or offering to sell real estate and appraising real estate is required to obtain only one license under this section to cover both activities."
Sec. 2.  This act becomes effective July 1, 1992.