Property Q&A in 28601>Question Details

Wardjunecl, Home Owner in 28607

Property management laws in NC

Asked by Wardjunecl, 28607 Tue Sep 27, 2011

Do I need a real estate license in NC to manage property that is either held in an LLC (I am member) or property in a trust that I am a beneficiary of?

Help the community by answering this question:


You only need a real estate license if you are handling property either for sale or lease FOR OTHERS. The licensing law, which can be found here:, gives the following as exceptions to the requirement for a real estate license. To be sure, you might want to call the real estate commission and identify section 93A-2.

(1) Any person, partnership, corporation, limited liability company, association, or other business entity
who, as owner or lessor, shall perform any of the acts
aforesaid with reference to property owned or leased
by them, where the acts are performed in the regular
course of or as incident to the management of that
property and the investment therein. The exemption
from licensure under this subsection shall extend to
officers and employees of an exempt corporation,
the general partners of an exempt partnership, and
the managers of an exempt limited liability company when said persons are engaged in acts or services
for which the corporation, partnership, or limited liability company would be exempt hereunder.
(2) Any person acting as an attorney-in-fact under a duly
executed power of attorney from the owner authorizing the final consummation of performance of
any contract for the sale, lease or exchange of real
(3) The acts or services of an attorney-at-law.
(4) Any person, while acting as a receiver, trustee in
bankruptcy, guardian, administrator or executor or
any person acting under order of any court.
(5) Any person, while acting as a trustee under a trust
agreement, deed of trust or will, or that person’s regular salaried employees
Web Reference:
0 votes Thank Flag Link Thu Sep 29, 2011
Thank you for all of your information. I've had some similar questions about the property management laws in NC, specifically about about section 93A-2. It's hard to make left or right of it all, since I've never studied law though.
Flag Wed Apr 1, 2015
The most reliable source for an answer to your question is the NC Real Estate Commission.
0 votes Thank Flag Link Tue Sep 27, 2011
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