84-6. Exacting fee for conducting foreclosures prohibited to all except licensed attorneys.
It shall be unlawful to exact, charge, or receive any attorney's fee for the foreclosure of any mortgage under power of sale, unless the foreclosure is conducted by licensed attorney-at-law of North Carolina, and unless the full amount charged as attorney's fee is actually paid to and received and retained by such attorney, without being directly or indirectly shared with or rebated to anyone else, and it shall be unlawful for any such attorney to make any showing that he has received such a fee unless he has received the same, or to share with or rebate to any other person, firm, or corporation such fee or any part thereof received by him; but such attorney may divide such fee with another licensed attorney-at-law maintaining his own place of business and not an officer or employee of the foreclosing party, if such attorney has assisted in performing the services for which the fee is paid, or resides in a place other than that where the foreclosure proceedings are conducted, and has forwarded the case to the attorney conducting such foreclosure. (1931, c. 157, s. 3.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 1 - Qualifications of Attorney; Unauthorized Practice of Law.
§ 84-1 - Oaths taken in open court.
§ 84-2 - Persons disqualified.
§ 84-2.1 - "Practice law" defined.
§ 84-2.2 - Exemption and additional requirements for Web site providers.
§ 84-4 - Persons other than members of State Bar prohibited from practicing law.
§ 84-4.1 - Limited practice of out-of-state attorneys.
§ 84-4.2 - Summary revocation of permission granted out-of-state attorneys to practice.
§ 84-5 - Prohibition as to practice of law by corporation.
§ 84-5.1 - Rendering of legal services by certain nonprofit corporations.
§ 84-6 - Exacting fee for conducting foreclosures prohibited to all except licensed attorneys.
§ 84-7 - District attorneys, upon application, to bring injunction or criminal proceedings.
§ 84-7.1 - Legal clinics of law schools and certain law students and lawyers excepted.
§ 84-8 - Punishment for violations.
§ 84-10.1 - Private cause of action for the unauthorized practice of law.