North carolina real estate commission rules can be found in chapter 58 of the north carolina administrative code title 21 occupational licensing boards see the home page for proposed and recent rule changes north carolinas state fair housing act the commission is committed to promoting fair housing in this state. In north carolina for example landlords must return a tenants security deposit within 30 days of the termination of the lease and limits the amount landlords may charge for a deposit to two months rent also north carolina homestead laws dont specify an acreage limit but allow up to 1000 worth of property to be declared a homestead. State law in north carolina north carolina general statutes section 47e 4 requires sellers to give prospective buyers a disclosure form its purpose is to provides details about the property and alert buyers to any known problems for instance covering defects in the plumbing electrical and other house systems. When more than one person owns an interest in real estate it can be difficult for the owners to agree on whether to sell the property so north carolina law allows such persons to file a partition action to force a sale of the property north carolina law does not allow a life tenant to be forced off the property as part of a partition sale