NC H1000

Establishes the North Carolina Community Association Managers Licensure Act requiring mandatory licensing of individuals who provide community association management services for compensation.

Creates a seven-member North Carolina Licensure Board for Community Association Managers with appointments by the Governor, President Pro Tempore of the Senate, and Speaker of the House to oversee licensing, examinations, and disciplinary actions.

Requires applicants to pass a licensing examination or demonstrate equivalent qualifications (such as Professional Community Association Manager designation, Certified Manager of Community Association Certification, or Certified Property Manager designation) and maintain a fidelity bond of at least $20,000.

Mandates that community associations with 20 or more residential units employing a licensed manager register annually with the Board and pay a registration fee not to exceed $50.

Establishes disciplinary authority allowing the Board to suspend or revoke licenses for fraud, gross negligence, misappropriation of funds, commingling of client money, and other violations; violations of the Act constitute a Class 2 misdemeanor.