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Legislative Wins

NC REALTORS® PAC is effective because we work across party lines to enact legislation that protects the real estate industry, homeowners, the economy, and property rights. These legislative victories speak volumes to the impact of your investment.

Thanks to investors, NC REALTORS® has had numerous successful advocacy years on essential topics that impact your clients, your business, and your industry. Check out just some of our wins over the past 10+ years!

2007

  • Transfer Taxes: Prevented county governments from enacting transfer taxes unilaterally on real estate. Defeated 24 transfer tax referenda.

2009

  • Private Transfer Fees: Prevented allowance of fees upon transfer due to investors, previous developers or owners which were not the current seller, other than fees to homeowners’ associations.

2010

  • Inspections: Streamlined home inspections summary documents to only material facts and issues of safety.

2011

  • Transfer Taxes: Repealed legislation authorizing referenda on transfer taxes.
  • Commercial Broker Lien Law: Passed a bill allowing commercial brokers to file liens on properties to ensure their commission is paid.

2012

  • Broker Price Opinion (BPO): Convinced legislators that BPOs aid the consumer.
  • Copper Theft: Increased the penalties for criminals who steal copper.

2013

  • Mortgage Interest Deduction: Protected the mortgage interest and property tax deductions from elimination. Legislation allows filers to take the standard deduction or itemize their deductions with a cap at a maximum of $20,000. These remained as two of three deductions allowed.
  • Tax on Services: Prevented 8.05% tax on real estate services and commissions.
  • Transfer Tax: Prevented 1% state transfer tax.
  • Business License Tax: Prevented 1.05% tax on all business entity assets regardless of profitability.

2014

  • Patent Abuse Legislation: Protected brokers, firms and MLS services through legislation preventing frivolous litigation filings.

2015

  • Tax Credits and Grants: Restored state historic preservation tax credit program for income-producing properties and increased funding for film grant program.
  • Housing Affordability: Protected tax deductions and improved funding for the Workforce Housing Loan Program and Housing Trust Fund.
  • Aesthetic Design: Ended municipal overreach on residential construction and design standards.

2016

  • Vacation Rental Act: Improved the state’s act to allow for improved owner/broker responsibility.
  • Affordable Housing: Protected tax deductions and improved funding for affordable housing programs in 2016 budget.
  • Map Act Changes: Prevented NCDOT from perpetually holding property without just payment to landowners and adjusted fair market payments to property owners in new corridors.

2017

  • Various Changes to Revenue Laws: Updated the tax structure for RMI services and linen rentals under residential property rental agreements in response to concerns from the REALTOR® community.
  • Appropriations Act of 2017: Required the Department of Environmental Quality (DEQ) and the Environmental Management Commission (EMC) to complete rules regarding clean-up and remediation for underground storage tank removal.
  • Repeal Orange County Impact Fees: Repealed impact fees placed on developments in Orange County for use in school construction.

2018

  • Recoverable Summary Ejectment Fees: Passed legislation to prevent class action lawsuits preventing the reimbursement of fees when evicting a tenant. Landlords and property managers may now explicitly collect: filing, service, and lawyers’ fees.
  • Blight: Passed legislation allowing receivership of vacant properties to clean up blight and put back into the housing and commercial supply.

2019

  • Led the coalition to pass Association Healthcare Plans legislation, giving independent contractors an additional option for health insurance.
  • Passed legislation to require NC DOT to compile a searchable database of state-maintained roads to provide needed information to consumers.
  • Extended the Historic Preservation Tax Credits for an additional four years.
  • Repealed the Map Act to compensate property owners for future DOT use.
  • Protected property management contracts from taxes on typical services offered by property managers.


Be Epic. Be an NC REALTOR®.