North Carolina State Regulations Regarding Advertising — Status and History: North Carolina has established several regulations governing advertising practices within the state. These regulations aim to protect consumers from misleading or deceptive advertising practices while promoting fair competition among businesses. Here, we take a closer look at the status and history of North Carolina State Regulations Regarding Advertising. 1. Consumer Protection Laws: North Carolina's consumer protection laws have provisions specifically related to advertising. These laws prohibit false, deceptive, or misleading representations in advertising and establish legal remedies for consumers who fall victim to such practices. 2. North Carolina General Statutes (CGS): The CGS contains various sections that address specific advertising-related regulations. Titles such as "Trade and Commerce" and "Unfair Trade Practices" include provisions relevant to advertising practices and their regulation. 3. Attorney General's Office: The North Carolina Attorney General's Office plays a crucial role in enforcing advertising regulations. It has the authority to investigate and take legal action against businesses involved in deceptive advertising. The office also provides resources and advice to consumers regarding their rights and actions they can take against misleading advertising. 4. Truth-in-Advertising Standards: North Carolina adheres to the basic principles of truth-in-advertising. All advertisements should be truthful, honest, and not misleading to consumers. This principle applies to all forms of advertising, including print media, electronic media, internet advertising, billboards, and more. 5. Federal Laws: In addition to state regulations, North Carolina also falls under the purview of federal laws regarding advertising. The Federal Trade Commission (FTC) has jurisdiction over advertising practices and collaborates with state authorities to ensure compliance with both federal and state regulations. 6. Historical Updates: North Carolina's advertising regulations have evolved over time. Several amendments and updates have been made to address emerging trends and practices in advertising, as well as to keep up with advancements in technology and digital advertising platforms. It is important for businesses operating in North Carolina or targeting the state's consumers to be aware of these regulations and ensure compliance. Staying informed about the latest updates and changes in these regulations ensures that businesses maintain ethical advertising practices, fostering trust with consumers and avoiding potential legal repercussions.
North Carolina State Regulations Regarding Advertising - Status and History
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(3) If, based upon the evidence, the Commission finds that the broker has violated the Real Estate License Law or Commission rules, it can either (a) reprimand the broker; (b) suspend the broker's real estate license for a definite period of time; (c) revoke the broker's license; or (d) in the case of time share ...
(1) A broker shall not advertise any brokerage service or the sale, purchase, exchange, rent, or lease of real estate for another or others without the consent of his or her broker-in-charge and without including in the advertisement the name of the firm or sole proprietorship with which the broker is affiliated.
North Carolina General Statutes Chapter 75: Monopolies, Trusts and Consumer Protection. Section 75-1.1 prohibits the following activities: Unfair methods of competition in or affecting commerce; and. Unfair or deceptive acts or practices in or affecting commerce.
North Carolina Transaction Coordinator Since transaction coordinators are part of the closing process it's often preferred that they have a license.
An unlicensed person may not: Prepare or discuss a listing or property management agreement with an owner. Show any property or be at an open house for any purpose. Drive or accompany a prospect to a property.
Every Question You Need Answered to Get Your Real Estate License in North Carolina Complete 75 hours of approved Pre-Licensing education. Pass the course final exam. Apply for your Provisional Broker license. Pass the North Carolina real estate examination. Find a sponsoring broker-in-charge.
Only advertise listed properties with authorization from the listing agent. Identify yourself as a real estate agent and include the name of the brokerage firm you work within all advertising. Be totally honest in your advertising by avoiding exaggerations and misrepresentations about the property.