Governor McCrory has signed HB 998. This NEW tax legislation will have a dramatic impact on the citizens and business climate of North Carolina. Below is a one page snapshot of the new changes. To read the bill in its entirety please go to www.ncleg.net Personal Income Tax: Currently – 3 tiered rates of 6%, 7% andContinue reading “TAX Reform Is Here – House Bill 998”
Category Archives: State
New North Carolina Law! – Landlord & Tenants HB 802
What bill is now law? North Carolina House Bill 802 Name of the bill? “Laws related to landlord and tenant relationships to shorten the time period required to evict a tenant What does this mean for me? This legislation is aimed at decreasing the timeline for eviction of a tenant by reducing the number ofContinue reading “New North Carolina Law! – Landlord & Tenants HB 802”
FRAR NC Bill Tracker
FRAR NC Bill Tracker – The following proposed bills will have a direct impact on the Cumberland County area. These bills are progressing through the General Assembly as of July 25, 2013. (Some information in this chart was obtained from the North Carolina Association of REALTORS® and the North Carolina General Assembly website)
NCAR Legislative Day Photos
On Wednesday, April 24th Association members traveled to Raleigh to visit with our legislators to discuss various issues related to our industry. [nggallery id=1]
NCAR Legislative Meetings
North Carolina Association of REALTORS® Legislative Meetings Raleigh, NC April 22-23, 2013 FRAR Members Present: Wendy Harris, James Sherrill, Chet Oehme, Steve Cohan, Suzanne Pennick, Jay Dowdy, Johnniecia Corwise, Dave Evans, Ralph Reagan, Swyan Hamlet, David Leet, Queen Wheeler, Zan Monroe, Jane Cannon, Debbie McFayden, Cheryl Spears What Happened: Various meetings took place at theContinue reading “NCAR Legislative Meetings”
Lien Law Change
FRAR Members… For Your Information! Beginning Monday, April 1, 2013, property owners must appoint a lien agent when they first contract for improvements to their property. The owner must use a title insurance agency registered with the N.C. Department of Insurance. Why does this law new exist? In the past, a homeowner is held liableContinue reading “Lien Law Change”