N.C. Gen. Stat. § 93E-1-1
Title
Title. This Chapter shall be known and may be cited as the "North Carolina Appraisers Act". (1993, c. 419, s. 6.)
North Carolina General Statutes Chapter 93E — Chapter 93E.
North Carolina · statute · N.C. Gen. Stat. ch. 93E · 28 active provisions
N.C. Gen. Stat. § 93E-1-2.1
Registration, license, or certificate required of real estate appraisers
Registration, license, or certificate required of real estate appraisers. It is unlawful for any person in this State to act as a real estate appraiser, to directly or indirectly engage or assume to engage in the business of real estate appraisal, or to advertise or hold himself or herself out as engaging in or conduct…
N.C. Gen. Stat. § 93E-1-3
When registration, license, or certificate not required
When registration, license, or certificate not required. (a) No trainee registration, license, or certificate shall be issued under the provisions of this Chapter to a partnership, association, corporation, firm, or group. However, nothing herein shall preclude a registered trainee or licensed or certified real estate…
N.C. Gen. Stat. § 93E-1-3.1
Prohibited use of title; permissible use of title
Prohibited use of title; permissible use of title. (a) It shall be unlawful for any person to assume or use the title "registered trainee", "licensed real estate appraiser", "certified real estate appraiser", or any title, designation, or abbreviation likely to create the impression of registration, licensure, or certi…
N.C. Gen. Stat. § 93E-1-4
Definitions
Definitions. When used in this Chapter, unless the context otherwise requires, the term: (1) "Appraisal" or "real estate appraisal" means an analysis, opinion, or conclusion as to the value of identified real estate or specified interests therein performed for compensation or other valuable consideration. (2) "Appraisa…
N.C. Gen. Stat. § 93E-1-5
Appraisal Board
Appraisal Board. (a) There is created the North Carolina Appraisal Board for the purposes set forth in this Chapter. The Board shall consist of nine members. The Governor shall appoint five members of the Board, and the General Assembly shall appoint four members in accordance with G.S. 120-121, two upon the recommenda…
N.C. Gen. Stat. § 93E-1-6
Qualifications for registration, licensure, and certification; applications; application fees; examinations
Qualifications for registration, licensure, and certification; applications; application fees; examinations. (a) Any person desiring to be registered as a trainee or to obtain licensure or certification as a licensed or certified real estate appraiser shall make written application to the Board on the forms as are pres…
N.C. Gen. Stat. § 93E-1-6.1
Trainee supervision
Trainee supervision. All trainees shall perform all real estate appraisal-related activities under the immediate, active, and personal supervision of a certified real estate appraiser. All appraisal reports must be signed by the appraiser who supervised the trainee. By signing the appraisal report, the appraiser accept…
N.C. Gen. Stat. § 93E-1-7
Registration, license and certificate renewal; renewal fees; continuing education; reinstatement; replacement registrations, licenses and certificates; registration, licensure, and certification history; address changes. (a) Trainee registrations, licenses, and certificates issued under this Chapter shall expire on the…
N.C. Gen. Stat. § 93E-1-8
Education program approval and fees
Education program approval and fees. (a) The Board may by rule prescribe minimum standards for the approval and renewal of approval of schools and other course sponsors and their instructors to conduct appraiser qualifying courses required by G.S. 93E-1-6(a). Such standards may address subject matter, program structuri…
N.C. Gen. Stat. § 93E-1-9
Nonresident licensure and certification
Nonresident licensure and certification. (a) An applicant from another state may become licensed or certified in North Carolina by conforming to all of the provisions of this Chapter and, in the discretion of the Board, such other terms and conditions as are required of North Carolina residents applying for licensure o…
N.C. Gen. Stat. § 93E-1-10
Rulemaking authority
Rulemaking authority. The Board may adopt rules not inconsistent with the provisions of this Chapter and the General Statutes of North Carolina which may be reasonably necessary to implement, administer, and enforce the provisions of this Chapter, including, but not limited to, the authority to: (1) Prescribe forms and…
N.C. Gen. Stat. § 93E-1-11
Register of applicants; roster of trainees, State-licensed and State-certified appraisers; financial report to Secretary of State; administrative expenses
Register of applicants; roster of trainees, State-licensed and State-certified appraisers; financial report to Secretary of State; administrative expenses. (a) The Executive Director of the Board shall keep a register of all applicants for State trainee registration or for State licensure or certification as real estat…
N.C. Gen. Stat. § 93E-1-12
Disciplinary action by Board
Disciplinary action by Board. (a) The Board may take disciplinary action against registered trainees and State-licensed or State-certified real estate appraisers. Upon its own motion or the complaint of any person, the Board may investigate the actions of any person registered as a trainee or licensed or certified as a…
N.C. Gen. Stat. § 93E-1-12.1
Investigations and complaints
Investigations and complaints. (a) The Board may dismiss a complaint, accept a consent order, or hold a hearing, or may accept a voluntary surrender of a registration, license, or certificate or of approval as a course sponsor. (b) Records, papers, and other documents containing information received, collected, or comp…
N.C. Gen. Stat. § 93E-1-13
Penalty for violation of this Chapter
Penalty for violation of this Chapter. (a) Any person who acts as, or holds himself or herself out to be, a registered trainee or a State-licensed or State-certified real estate appraiser without first obtaining a registration, license, or certificate as provided in this Chapter, or who willfully performs the acts spec…
N.C. Gen. Stat. § 93E-1-14
Referral of cases by courts
Referral of cases by courts. Whenever any registered trainee, licensee, or certificate holder is adjudged by a civil or criminal court to have injured or damaged any person, partnership, association, or corporation through gross negligence, incompetency, fraud, dishonesty, or other civil or criminal misconduct, the cou…
N.C. Gen. Stat. § 93E-2-1
Registration required of real estate appraisal management companies; exceptions
Registration required of real estate appraisal management companies; exceptions. Beginning January 1, 2011, it shall be unlawful for any person, corporation, partnership, sole proprietorship, subsidiary, unit, or any other business entity in this State to do any of the following without first registering with the Board…
N.C. Gen. Stat. § 93E-2-2
Definitions
Definitions. (a) The following definitions apply in this Article: (1) Appraisal management company. - A corporation, partnership, sole proprietorship, subsidiary, unit, or other business entity that utilizes an appraisal panel or fee panel and performs, directly or indirectly, appraisal management services. The followi…
N.C. Gen. Stat. § 93E-2-3
Rulemaking authority
Rulemaking authority. The Board shall have the authority to adopt rules that are reasonably necessary to implement, administer, and enforce the provisions of this Article. (2010-141, s. 1; 2025-25, s. 29(6).)
N.C. Gen. Stat. § 93E-2-4
Qualifications for registration; duties of registrants
Qualifications for registration; duties of registrants. (a) Any person or entity desiring to be registered as an appraisal management company in this State shall make written application to the Board on forms prescribed by the Board setting forth the applicant's qualifications for registration. The application shall be…
N.C. Gen. Stat. § 93E-2-5
Compliance manager
Compliance manager. Each appraisal management company registered under this Article shall designate a compliance manager who is responsible for ensuring the company operates in compliance with this Article. The compliance manager shall be a certified real estate appraiser on active status and in good standing, certifie…
N.C. Gen. Stat. § 93E-2-6
Fees and renewals
Fees and renewals. (a) Each application for registration as an appraisal management company under this Article shall be accompanied by a registration fee in an amount set by the Board not to exceed three thousand five hundred dollars ($3,500). Registration issued under this Article shall expire on June 30, 2012, and on…
N.C. Gen. Stat. § 93E-2-7
Prohibited acts
Prohibited acts. (a) No employee, director, officer, or agent of a registered appraisal management company or any other third party acting as joint venture partner or independent contractor shall influence or attempt to influence the development, reporting, result, or review of a real estate appraisal through coercion,…
N.C. Gen. Stat. § 93E-2-8
Disciplinary authority
Disciplinary authority. (a) The Board may, by order, deny, suspend, revoke, or refuse to issue or renew a registration of an appraisal management company under this Article or may restrict or limit activities of a person who owns an interest in or participates in the business of an appraisal management company if the B…
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