2010
DUES BILLING Q&A
Q. How
will I receive my dues invoice this year?
A. E-mail billing has been
a tremendous success for the past three years. You will be receiving your
dues invoice via e-mail again this year. You will NOT be
mailed a paper copy.
Q. How
do I make sure the Association has the correct e-mail address for
me?
A. Please verify your personal
roster information in tempo and update your e-mail address if needed
Q. When
are 2010 membership dues due?
A. December
31, 2009.
Q. Is
there a late fee?
A. Yes. Any
dues received after January 31, 2010 will incur a $75 late penalty.
Q. How
much are my REALTOR® dues and what is the “breakdown”?
A. The
Raleigh Association local dues are $171; the NC State Association
dues are $130; the National Association dues are $115. Since
this board collects all dues (local, state and national) your total amount
is $416.
Q. What
is the most convenient way to pay?
A. Paying
online with a credit card is quick, easy and secure. You can also print
a receipt for your records.
Q. Are
dues refundable if I decide to put my license on inactive status
later in the year?
A. No. According
to the Bylaws dues are non-refundable.
Q. Are
dues tax deductible as a business expense?
A. Yes. Annual
dues are a deductible business expense except for $78.05. This amount
is dedicated to lobbying expenses (for NAR, NCAR and RRAR combined) and,
as provided in the 1994 Tax Act, is a non-deductible expense.
FAILURE
TO RECEIVE A NOTIFICATION DOES NOT RELIEVE YOU OF THE REQUIREMENT
TO MEET ESTABLISHED PAYMENT DEADLINES. INFORMATION ON DUES IS
PUBLISHED ON OUR WEBSITE AT WWW.RRAR.COM,
IN THE REALTOR® REVIEW AND IN THE REALTOR® ROUNDUP WHICH IS OUR
BIMONTHLY NEWSLETTER.
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