What is a Letter of Good Standing?
A Letter of Good Standing, also known as a Dues Waiver Letter, refers to a notice issued by the REALTOR® association with which a real estate licensee has a current or former relationship. It verifies that the active REALTOR® has complied with all of the associations’ rules and bylaws for conducting business within that association. A Letter of Good Standing will contain information confirming that a licensee is up-to-date on National, State, and/or Local association dues; includes the licensee’s state license and the firm the license is affiliated with; confirms the licensee has satisfied NAR’s mandatory requirements; and states whether the licensee has current/pending disciplinary action or unsatisfied fines with the association.
-If you are transferring from NCJAR to a new association, you will want to fill out the below request so we can send the Letter of Good Standing to you and your new association.