North Carolina General Statutes Chapter 47E Residential Property Disclosure Act

• N.C. Gen. Stat. § 47E-1.   Applicability
  This Chapter applies to the following transfers of residential real property consisting of not less than one nor more than four dwelling units, whether...
• N.C. Gen. Stat. § 47E-2.   Exemptions
  The following transfers are exempt from the provisions of this Chapter: (1) Transfers pursuant to court order, including transfers ordered by a court in...
• N.C. Gen. Stat. § 47E-3.   Definitions
  When used in this Chapter, unless the context requires otherwise, the term: (1) "Owner" means each person having a recorded present or future interest...
• N.C. Gen. Stat. § 47E-4.   Required disclosures
  (a) With regard to transfers described in G.S. 47E-1, the owner of the real property shall furnish to a purchaser a residential property disclosure...
• N.C. Gen. Stat. § 47E-5.   Time for disclosure; cancellation of contract
  (a) The owner of real property subject to this Chapter shall deliver to the purchaser the disclosure statements required by this Chapter no later...
• N.C. Gen. Stat. § 47E-6.   Owner liability for disclosure of information provided by others
  The owner may discharge the duty to disclose imposed by this Chapter by providing a written report attached to the residential property disclosure statement...
• N.C. Gen. Stat. § 47E-7.   Change in circumstances
  If, subsequent to the owner's delivery of a residential property disclosure statement and the owners' association and mandatory covenants disclosure statement to a purchaser,...
• N.C. Gen. Stat. § 47E-8.   Agent's duty
  A real estate broker or salesman acting as an agent in a residential real estate transaction has the duty to inform each of the...
• N.C. Gen. Stat. § 47E-9.   Rights and duties under Chapter 42, landlord and tenant, not affected during lease
  This Chapter shall not affect the landlord-tenant relationship between the parties to a lease with option to purchase contract during the term of the...
• N.C. Gen. Stat. § 47E-10.   Authorization to prepare forms; fees
  The North Carolina Real Estate Commission may prepare, or cause to be prepared, forms for use pursuant to this Chapter. The Commission may charge...

Last modified: March 23, 2014