Changes to Reciprocal Licensing in North Carolina and South Carolina
The North Carolina Real Estate License Law was amended in 2011 at the North Carolina Real Estate Commission’s (NCREC) request to give the NCREC increased flexibility with regard to the licensing of persons who hold a license in another state. The NCREC has subsequently adopted a rule (still pending final approval by Administrative Rules Review Commission) providing that, effective February 29, 2012, all existing reciprocal licensing arrangements with other states will be terminated. This means that the “full” reciprocity approach that involves waiving all education and examination requirements for resident licensees of certain states, including SC, TN and GA, will come to an end. This approach will be replaced effective March 1, 2012 by a different approach now being adopted by an increasing number of states that involves waiving all prelicensing education requirements and the “National” section of the license examination for persons licensed in any other state, regardless of residency, but requiring such persons to pass the “State” section of the license examination to be licensed in NC.
Persons licensed by reciprocity in North Carolina prior to March 1, 2012 will be able to retain their license so long as it is renewed in a timely manner or reinstated within six months of expiration. If their license remains expired for more than six months, they will have to requalify under the new requirements (i.e., file an application and pass the “State” section of the North Carolina license exam).
Through Feb. 29, 2012, South Carolina Licensing and Regulation Real Estate Commission will be accepting and processing reciprocal license applications from North Carolina licensees as per their current reciprocal licensing agreement with North Carolina. However, the applicants must submit a complete application, including certification of license history, and demonstrate that the license was obtained by course and exam in North Carolina. Beginning March 1, all South Carolina applicants applying by virtue of holding a North Carolina broker license will have to complete the state portion of the applicable exam. North Carolina provisional brokers must complete the 30-question state portion of the salespersons exam (allowed 60 minutes), and full brokers must complete the 35-question state portion of the broker exam (also 60 minutes). After March 1, 2012, there will be no change for North Carolina licensees who already have reciprocity with South Carolina. Renewals will take place in the spring as usual.
North Carolina licensees who are looking for information about obtaining a reciprocal license with South Carolina should contact the South Carolina Department of Labor, Licensing and Regulation Real Estate Commission & Real Estate Appraisers Board.
South Carolina licensees who are looking for information about obtaining a reciprocal license with North Carolina should contact the North Carolina Real Estate Commission.