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North Carolina Legislative Bills

1 legislative bill tracked for real estate wholesalers & investors

Medium Risk

Last synced: 1h ago

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H797In Committee Medium Risk

Residential Property Wholesaling Protection

Summary

  • The bill H797 aims to establish protections for residential property wholesaling in North Carolina, likely addressing practices and regulations surrounding the assignment of contracts
  • It seeks to ensure that wholesalers operate within a legal framework that protects both buyers and sellers in real estate transactions

What This Means for Wholesalers

  • If passed, this bill could impose new regulations on wholesalers, potentially requiring them to obtain a license or adhere to specific disclosure requirements
  • This may limit the ability of unlicensed individuals to engage in wholesaling activities without compliance
license required
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Data sourced from state legislatures via LegiScan. Not legal advice. Always consult a licensed real estate attorney in your jurisdiction.