| Item | Value |
|---|---|
| Is an assignment legal here? | yes |
| What the matrix says about it | No NC wholesaling statute; the NC Real Estate Commission's published position is that marketing a property you do not own is brokerage. |
| Marketing rule the gate enforces | contract_only |
| What that means in practice | N.C.G.S. 93A-2(a) defines 'real estate broker' broadly; 93A-1 requires a licence; the owner exemption is 93A-2(c)(1). Advertise the contract, disclose you hold only an equitable interest. |
| What triggers a licence requirement | Advertising/negotiating the sale of a property you do not own (NCREC guidance). |
| Written seller disclosure required? | yes |
| Basis for the disclosure | No NC wholesaling statute; contract term + N.C.G.S. 75-1.1 UDAP. |
| Statutory wording required? | no |
| F5259 bucket | GO_WITH_CONDITIONS |
| Condition the gate enforces | Market the contract, not the property (N.C.G.S. 93A-2). F5259 CONFIRMED HB 797 (2025) is NOT law -- it stalled in Senate Rules; blog claims that it took effect 2025-10-01 are FALSE. |
| Verification status | PRIMARY_STATUTE |
| Attorney review required before first use? | yes |
| Lead class | Verdict |
|---|---|
| land | GO_WITH_DISCLOSURE |
| preforeclosure non owner occupied | GO_WITH_DISCLOSURE |
| preforeclosure owner occupied | GO_WITH_DISCLOSURE |
| probate | GO_WITH_DISCLOSURE |
| tax delinquent | GO |
the whole grid · probate in NC · the disclosure blocks
Not legal advice. We are not a law firm and we do not draft documents for anyone else. A template is a starting point for a transaction you are a principal in; it is not a substitute for a lawyer licensed in the state the property sits in, and in several states the disclosure below has statutory wording that must be copied exactly. Have counsel read it before you sign.
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